April 07, 2021

NADB takes part in $216.1 million financing to support the construction of 200 MW solar park in Webb County, Texas

The North American Development Bank (NADB), along with a syndicate of three other lenders, and global renewable energy developer BayWa r.e. signed a credit agreement for up to $216.1 million to finance the design, construction, and operation of the 200 MWAC Corazon Solar Project, located on nearly 2,000 acres of private land in Webb County, Texas. NADB is participating with a $62.9 million loan and served as coordinating lead arranger on the transaction.

March 23, 2021

NADB and Lower Valley Water District sign $500,000 grant agreement

San Antonio, Texas – U.S. Congressman Tony Gonzales (TX-23) announced a $500,000 grant signing between the North American Development Bank (NADB) and the Lower Valley Water District (LVWD) to support a wastewater project in the Rosa Azul subdivision in Socorro, TX. This new system will provide first-time access to wastewater services that will help prevent exposure to untreated or inadequately treated discharges for more than 900 residents.

March 17, 2021

In 2021, Fitch Affirms North American Development Bank at 'AA'; Outlook Stable

Fitch Ratings has affirmed The North American Development Bank's Long-Term Issuer Default Rating (IDR) at 'AA' and Short-Term IDR at 'F1+'. The issue ratings on NADB's senior unsecured bonds are also affirmed at 'AA'. The Outlook on the Long-Term IDR is Stable.

February 10, 2021

NADB, EPA and SEPROA focused on reducing transboundary flows of sewage into New River

Two new projects for the rehabilitation of the wastewater collection system in Mexicali, B.C. totaling $10.6 million were approved in the last 9 months

December 22, 2020

NADB, EPA and Mexicali Water Utility focused on reducing transboundary flows of sewage into New River

NADB, EPA and Mexicali Water Utility focused on
reducing transboundary flows of sewage into New River

December 10, 2020

Nogales, AZ Wastewater Project marks completion

North American Development Bank (NADB) and the City of Nogales, Arizona hosted a ribbon-cutting ceremony marking the completion of improvements for the Peña Blanca subdivision wastewater system. The project will help improve the operational efficiency of the wastewater system and eliminate the risk of untreated or inadequately treated wastewater discharges to Potrero Creek.

November 23, 2020

NADB supporting Maverick County, City of Presidio & Ojinaga Water Utility

Along the entire U.S.-Mexico border, the North American Development Bank (NADB) works with border communities to develop and finance infrastructure projects that improve the environment and health conditions. With the onset of COVID-19 and its increasing effects on these communities, the NADB Board of Directors established a temporary program to support communities dealing with the economic, health, and social impacts of the pandemic (“ProRec”). Through this program, two Texas border communities will be able to refinance existing debt while a third in Chihuahua will benefit from a US$1 million grant to improve wastewater collection infrastructure.

November 19, 2020

John Beckham appointed new Deputy Managing Director at the North American Development Bank

The North American Development Bank (NADB) has hired John Beckham, with more than 20 years of experience in executive leadership positions in banking, business and strategic planning, as its new Deputy Managing Director. Mr. Beckham was appointed by the NADB Board of Directors after a national search and competitive selection process.

November 12, 2020

NADB Board of Directors approves five new environmental projects representing a total investment of US$21.5 million

  • As part of its COVID-19 Recovery Program, an umbrella program was approved to expedite the refinancing of existing public debt
  • Impact report on the results of 25 years of NADB green investments in the U.S.-Mexico border region published
November 09, 2020

25 Years of Green Investments in Communities in the U.S.-Mexico Border Region

Since its creation in 1994, the North American Development Bank (NADB) has helped preserve, protect and enhance the environment and public health of the U.S.-Mexico border region, home to more than 25 million residents. Working closely with communities, water utilities, local and federal governments, private sector sponsors, non-governmental organizations and academic institutions, NADB has played a key role in the progress achieved in improving various indicators in the region related to the provision of basic services, environmental quality and public health. In addition, it has become a benchmark for binational coordination on various environmental issues.