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Monday, November 4, 2024
82.7 F
McAllen
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NADBank Votes to Finance New Projects

Secures USMCA capital increase for border infrastructure improvements

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I am committed to expanding clean energy, promoting a healthy environment, and improving the quality of life on both sides of the border
I am committed to expanding clean energy, promoting a healthy environment, and improving the quality of life on both sides of the border. Image for illustration purposes.

Texas Border Business

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Washington, DC—Today, U.S. Congressman Henry Cuellar(TX-28) released the following statement after the NADBank Board voted to finance new projects along the U.S. border with Mexico:

“I worked hard to include NADBank’s capital increase under USMCA, so the Bank can expand its efforts in providing positive outcomes on the U.S.-Mexico border. I am committed to expanding clean energy, promoting a healthy environment, and improving the quality of life on both sides of the border,” said Congressman Henry Cuellar. “Today’s decision by NADBank’s Board is welcomed and will benefit communities within my district.”

The new project types included in today’s vote:

  • Energy storage
  • Mobility (including POEs)
  • Urban development
  • Sustainable buildings
  • Sustainable industrial parks
  • Green manufacturing
  • Manufacturing of green products
  • Sustainable food value chains
  • Climate change adaptation and climate resilience
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