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News

May 16, 2019

North American Development Bank Board of Directors approves $1.98 billion-peso loan for Line 3 of Metrorrey

Monterrey, Nuevo León. – The North American Development Bank (NADB) announced that its Board of Directors approved a loan for up to $1.98 billion pesos (US$122.62 million) for Regiotren, S.A. de C.V., (Regiotren) to finance the acquisition of electric cars for Metrorrey Light Rail Transit Line No. 3 in Monterrey, Nuevo Leon

April 09, 2019

City of Willcox, Arizona celebrates completion of Wastewater Treatment Plant Upgrades

Willcox, Arizona – The City of Willcox celebrated the completion of improvements to its wastewater treatment plant (WWTP), which will increase the quality of the effluent discharged to Cochise Lake, as well as better wastewater treatment services for 100% of the community. NADB provided a US$4.7 million grant for plant improvements.

April 01, 2019

Grant agreement signed for water system project in the community of José Silva Sánchez, Tamaulipas

The water utility in Soto la Marina, Tamaulipas, to receive US$250,000 grant from the North American Development Bank. Approximately 135 residents to have first-time access to water service.

March 26, 2019

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

San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. Fitch’s annual rating assessment reflects the Bank’s excellent capital position, controlled asset growth and strong risk management with conservative limits for leverage and liquidity.

March 20, 2019

North Alamo Water Supply Corporation celebrates completion of a regional wastewater collection and treatment project

NADB provided US$1.89 million construction grant for wastewater collection components and sewer connections. The project provides first-time services to colonias in Hidalgo County, Texas.

March 20, 2019

Brownsville completes wastewater collection system and residential connections in FM 511-802 Colonias project

Brownsville, Texas – A ribbon-cutting ceremony took place this afteroon to commemorate the completion of a wastewater collection system and residential connections in the FM 511-802 Colonias to provide service to more than 2,200 residents in the southeastern area of the city of Brownsville, Texas.

March 12, 2019

Grant agreement signed for a wastewater collection and treatment project in Camargo, Tamaulipas

The North American Development Bank and water utility in Camargo, Tamaulipas, have signed a US$2.53 million grant agreement. It will benefit 8,819 residents.

December 18, 2018

Loan increase provided for low-emission bus program in Mexico border region

North American Development Bank and Mercader Financial, S.A., SOFOM, E.R., sign agreement for US$20 million loan increase.

December 17, 2018

NADB provides US$500,000 grant to improve the drinking water system in Whetstone, Arizona

San Antonio, TX – The North American Development Bank (NADB) and the Whetstone Water Improvement District (WWID) have signed a $500,000 Community Assistance Program (CAP) grant to support the construction of a new well and installation of a water main to connect the well to the distribution system.

October 31, 2018

EPA Region 6 awards $5.86 million in grant funds for water and wastewater projects to benefit communities in Texas and New Mexico border region

Grant funds are administered by the North American Development Bank. Senator Cornyn and Congressman Henry Cuellar (TX-28) helped secured federal funding for EPA’s US-Mexico Border Water Infrastructure Program (BWIP).