Proposals Open for Public Comment:

Water Distribution Infrastructure Project in the State of Baja California -

The project consists of developing the infrastructure needed to convey, store and supply water from a new Playas de Rosarito Desalination Plant to the municipalities of Ensenada, Playas de Rosarito and Tijuana, as well as improve existing infrastructure to increase efficiency and reduce water losses in the system. The implementation of this project will help improve regional water security, optimize the operating costs associated with supplying drinking water—including the energy required for its conveyance—and strengthen the operational flexibility of the system by diversifying its supply sources. NADBank is seeking to offer, through its Mexican subsidiary Corporación Financiera de América del Norte, S.A. de C.V., SOFOM, E.N.R. (COFIDAN), a corporate loan for up to $2.0 billion Mexican pesos to the State of Baja California, which will be subject to a competitive process in accordance with the Mexican Financial Discipline Law of States and Municipalities.

Expansion of Material Recovery Facility in McAllen, Texas -

The City of McAllen sees an opportunity to recycle more materials and increase the efficiency of its material recovery facility (MRF). The proposed project, the first of its kind to be funded by NADBank, includes automation improvements at the MRF and an expansion of the average processing capacity to 10 tons/hour, along with the purchase of land for future operations. The project is expected to boost the recycling rate of the MRF to 95% and thus will reduce the amount of material sent to the landfill.