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News

March 29, 2017

NADB providing loan to Rocksprings Val Verde Wind, LLC for construction of a 149-MW wind farm in Val Verde County, Texas

San Antonio, Texas – The North American Development Bank (NADB) is providing a short-term loan for up to US$40 million for the construction of a 149-MW wind farm that is anticipated to generate approximately 570 GWh of electricity during the first year of operation, equivalent to the annual energy consumption of 50,327 households.

March 28, 2017

North American Development Bank ‘AA’ rating affirmed by Fitch with a stable outlook 2017

San Antonio, Texas- Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. In its analysis, Fitch highlighted the Bank’s capital levels as 'excellent'. Other key factors included NADB’s maintenance of low credit risk exposure and a strong risk management framework, which keeps the operations within conservative limits for capital adequacy, borrowing and liquidity policy limits.

March 23, 2017

Arsenic treatment facility begins operations in Tornillo, Texas

Tornillo, Texas – Alex Hinojosa, Deputy Managing Director of the North American Development Bank (NADB), presided over a ribbon-cutting ceremony to commemorate the completion of the Arsenic Treatment and Wastewater Collection project that is improving the quality of drinking water distributed to the residents of the community of Tornillo in El Paso County, Texas.

March 22, 2017

Climate change webinar concludes in Piedras Negras

Piedras Negras, Coahuila. – In conjunction with the closing session of the climate change webinar sponsored by the North American Development Bank (NADB) for staff of the local water utility, Sistema Municipal de Agua y Saneamiento de Piedras Negras (SIMAS), the entire community was invited to attend a conference on “Addressing Environmental Challenges in Municipalities” at the José Vasconcelos Auditorium.a

February 03, 2017

First graduates to receive diplomas from ITESM for water utility management program

Monterrey, Nuevo León – Today, a ceremony was held to celebrate the first group of graduates of the new diploma-level basic water utility management program offered by the North American Development Bank (NADB) and taught by the Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM) in Monterrey, Nuevo Leon.

February 02, 2017

Climate change webinar presented for water utility personnel in Piedras Negras, Coahuila

Piedras Negras, Coahuila. - Today, the North American Development Bank (NADB) launched the first of five climate change webinar sessions for staff of the local water utility, Sistema Municipal de Agua y Saneamiento de Piedras Negras (SIMAS). The opening session was presided over by SIMAS General Manager Arturo Garza and NADB representatives.

January 20, 2017

Municipalities in Coahuila to benefit from waste collection and disposal equipment for two regional landfills

Saltillo, Coahuila – The North American Development Bank (NADB) signed a US$500,000 grant agreement with each of the waste management companies for Region Cinco Manantiales and the Central Region of Coahuila to finance the purchase of equipment to operate their respective regional sanitary landfills, which together will benefit more than 423,000 residents in 10 municipalities in northern Coahuila.

January 18, 2017

Holtville wastewater treatment plant rehabilitation completed

Holtville, California – The City of Holtville, California, celebrated the completion of work to rehabilitate and upgrade the city’s wastewater treatment plant, which will significantly improve the quality of the treated wastewater discharged to the Pear Drain, Alamo River and Salton Sea, considered impaired water bodies.

January 17, 2017

NADB, BECC and Governor of Tamaulipas develop work plan to identify infrastructure projects

San Antonio, Texas – The Governor of Tamaulipas, Francisco Javier Cabeza de Vaca, met with the management of the North American Development Bank (NADB) to finalize a work plan developed jointly with the State Government, NADB and the Border Environment Cooperation Commission (BECC). The plan identifies infrastructure projects in the Tamaulipas border region that could potentially be developed and implemented jointly over the next few years.

December 12, 2016

Chihuahua municipalities receive NADB grants for solid waste equipment

Ciudad Juárez, Chihuahua – The North American Development Bank (NADB) and the Government of the State of Chihuahua signed a US$1.1 million grant agreement to finance the purchase of landfill equipment for the three municipalities of Ahumada, Nuevo Casas Grandes and Madera.