NADBank and Engen Finalize MX$400 Million Credit for Cross-Border Projects
NADBank and Engen Capital have entered a MX$400 million credit agreement to support energy-efficient projects along the US-Mexico border. This initiative aims to address significant infrastructure needs in energy and wastewater management, enhancing competitiveness in Mexico's manufacturing sector while adhering to sustainable finance standards.
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NADBank and Engen Capital have finalized a MX$400 million (US$23.17 million) credit agreement to fund energy-efficient industrial and transport equipment along the US-Mexico border. This agreement is part of a larger MX$4.15 billion (US$240.32 million) facility aimed at sustainable asset financing, addressing critical environmental challenges such as energy consumption and wastewater treatment.
The operation adheres to NADBank's Environmentally Productive Assets Framework and Mexico's Sustainable Finance Taxonomy, promoting measurable environmental benefits. The initiative may significantly enhance the competitiveness of northern Mexico's manufacturing and logistics sectors while reducing operational costs and emissions, aligning with ESG investment parameters. Funding for the first projects under this scheme is anticipated by late summer 2026.
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