San Antonio, Texas. - The North American Development Bank (NADB) has published the impact results of its first green bond, issued in 2018. The bond’s total net proceeds of US$126.4 million were used to finance or refinance six renewable energy projects in the U.S.-Mexico border region.
The North American Development Bank (NADB) is pleased to present the Border Energy Forum XXIV Energy and the Environment: Good Business which will be held on August 20th and 21st, 2019 at the Westin Riverwalk Hotel in San Antonio, Texas.
The EPA-NADB Tijuana River diversion system study identifies six top investment options to mitigate transboundary flows from crossing into the U.S., of which three are located in Mexico and three in the U.S.
Maverick County, Texas. - The North American Development Bank (NADB) and Maverick County have signed loan and grant agreements totaling $2.91 million to support a project for the expansion of El Indio Municipal Solid Waste Facility (MSWF) that serves the entire county. The project will benefit all 54,258 residents by providing additional capacity to continue managing the proper disposal of approximately 150 tons of solid waste a day.
Coronado, California – The North American Development Bank (NADB) and the local water utility, Comisión Estatal de Servicios Públicos de Tijuana (CESPT) have signed a US$2.42 million grant agreement to continue the rehabilitation of a deteriorated section of the collector main “Colector Poniente”, located in the northwestern area of the city of Tijuana, and to help reduce transboundary wastewater flows affecting the Cali-Baja region.
Ciudad Juárez, Chihuahua – The Board of Directors of the North American Development Bank (NADB) approved US$10.5 million in loans and grants to support three new projects in the areas of wastewater and solid waste management, which will benefit communities on both sides of the U.S.-Mexico border.
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
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.
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.
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.