San José del Cabo, Baja California Sur – The North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) launched their first seminar on the topic of desalination. The purpose of the course developed and presented by the Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA) of the Monterrey Technological Institute (ITESM), is to provide information on the principal desalination processes as a means of increasing available water supplies from a business point of view.
Electricity generated by this plant will be acquired by CPS Energy of San Antonio, Texas.
Monterrey, Nuevo León – The North American Development Bank (NADB) and the Latin American and Caribbean Water Center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM) signed an agreement today to provide training to water utility personnel and local government officials in Mexican border communities.
With this fourth plant, 100% of the city’s wastewater will be treated.
Within the framework of the 20th anniversary celebrations of the Border Environment Cooperation Commission (BECC) and the North American Development Bank (NADB) held on May 8th in Mexico City, the Board of Directors of the two institutions approved the certification and financing of a wastewater collection rehabilitation project in Piedras Negras, Coahuila.
NADB's portfolio of outstanding loans surpasses US$ 1 billion. 15 million residents of border communities benefit from 192 projects. Meetings presided by U.S. Treasury Assistant Secretary for International Markets and Development, Marisa Lago, and Mexican Ministry of Finance and Public Credit Undersecretary, Dr. Fernando Aportela. More than US$11 million in grant funds approved for new wastewater projects
San Luis, AZ – Gerardo Sanchez, Mayor of the City of San Luis, and Alex Hinojosa, Deputy Managing Director of the North American Development Bank (NADB), presided over a ceremony to initiate operation of a new water transmission main that interconnects the city’s two water distribution systems. This interconnection will meet the city’s water demand for the next 10 years.
San Antonio, Texas – The North American Development Bank (NADB) has launched a competitive bid process to engage a consulting firm to perform a study of existing port of entry projects between Mexico and the United States, as well as those currently in the process of being implemented and those proposed for the future. The study will also include evaluating current financing mechanisms for these projects and identifying new financing options.
San Antonio, Texas – The North American Development Bank (NADB) is pleased to support the San Antonio Clean Technology Forum and its upcoming event “Mexico’s Historic Energy Reform: An Opportunity for Texas.” The luncheon will focus on Mexico’s energy reform and the potential it presents for Texas businesses. It will also cover topics such as the implications for the the energy business in Mexico, obstacles and opportunities for U.S. companies, and how the Eagle Ford Shale development can benefit Mexico
General Bravo, Nuevo Leon – The North American Development Bank (NADB) announces that it has begun disbursement of two loans totaling US$140 million for the construction of two wind farms, Ventika and Ventika II, with a total nominal capacity of 252 MW, sponsored by Cemex, S.A. de C.V. through its subsidiary TEG Energía, S.A. de C.V., and by Fisterra Energy, S.L.U. a private equity fund owned by the Blackstone Group. The energy produced will supply facilities belonging to FEMSA, DEACERO, Tecnológico de Monterrey and CEMEX.