Solid waste management seminar begins in Coahuila
Piedras Negras, Coahuila. – More than 30 representatives from both the public and private sector in the state of Coahuila are attending a seminar on solid waste management offered through the Utility Management Institute (UMI) of the North American Development Bank (NADB) in coordination with Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM).
Residents of Cotton Valley in El Paso County to receive first-time sewer service
The project to be funded by a US$1.29 million grant. An estimated 30,000 gallons per day of wastewater to be collected and treated
Presidents Obama and Peña Nieto agree to North American Development Bank capital increase of US$3 billion
San Antonio, Texas. – The Board of Directors of the North American Development Bank (NADB) has announced the support of the governments of the United States and Mexico for a general capital increase of US$3 billion for NADB. This amount, to be apportioned by both governments over an estimated period of five years, includes $450 million in paid-in capital and the rest in callable capital.
Landfill gas-to-energy project in Saltillo receives loan funding
San Antonio, Texas. – The North American Development Bank (NADB) is pleased to announce the disbursement of loan funds for $38 million pesos to Lorean Energy Group, S.A.P.I. de C.V. for the development of the second phase of a biogas-to-energy plant in Saltillo, Coahuila.
Desalination plant in Ensenada, Baja California, to be funded by the North American Development Bank
San Antonio, Texas. – The North American Development Bank (NADB) announces the disbursement of a loan totaling US$22 million ($320 million pesos) to GS Inima Environment, S.A. for the construction a 5.7-millon gallons a day (mgd) capacity desalination plant in Ensenada, Baja California.
SunPeak Solar Park 2 receives $41 million loan by the North American Development Bank
Company 2, LLC (IVSC 2) signed a $41 million loan for the construction of a 20-megawatt (MWAC) solar park in Niland, California. The Imperial Irrigation District will be purchasing the energy produced by this park.
NADB-BECC Board of Directors moves forward with institutional integration; approves US$82.3 million in financing for new infrastructure projects along the U.S.-Mexico border
Washington, D.C. – The Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) yesterday approved a resolution recommending the merger of NADB and BECC into a single institution. The proposed integration would preserve the current mission, purposes and functions of both organizations, including the environmental mandate and geographic jurisdiction of the institutions.
Tornillo, Texas receives US$3.25 million grant for a new arsenic treatment facility
San Antonio, Texas. – The North American Development Bank (NADB) and El Paso County Tornillo Water Improvement District (EPCTWID) have signed a US$3.25 million grant for the construction of an arsenic treatment facility with the capacity to treat 600 gallons per minute (gpm) that will reduce arsenic concentrations in the city’s drinking water.
Piedras Negras to receive US$218,400 grant for wastewater system rehabilitation
San Antonio, Texas. – The North American Development Bank (NADB) and the local water utility, Sistema Municipal de Agua y Saneamiento de Piedras Negras (SIMAS) in Piedras Negras, Coahuila, signed a US$218,400 grant agreement for wastewater system improvements that will prevent up to 2.3 million gallons per day (mgd) of untreated wastewater discharges into the Rio Grande.
US$9 million loan signed to finance a low-emission bus program in Mexican border cities
First project supported by NADB in the sector of public transportation. Project will initially finance 100 buses manufactured by DINA Camiones.