Western New York Power Proceeds Allocation Board to Recommend Economic Development Funding

Western New York Power Proceeds Allocation Board to Recommend Economic Development Funding

For Immediate Release:09/24/24

Contact:[email protected]| (914) 390-8186

Western New York Power Proceeds Allocation Board to Recommend

Economic Development Funding

BUFFALO-The Western New York Power Proceeds Allocation Board will meet on Tuesday, October 1, at 3 p.m. at the visitors center of the New York Power Authority (NYPA) Niagara Power Project at 5777 Lewiston Road, Lewiston, NY 14092.

The proceeds board is expected to make funding recommendations to apply the net earnings of the market sale of unutilized hydropower from New York Power Authority's Niagara Power Project to support the growth of businesses in the region.

Consistent with Section 104(4) of the Open Meetings Law, the public has the right to attend the meeting. The meeting can be viewed online by visiting the Power Authority's website at http://www.nypa.gov and selecting "View Meetings" within the "Notice of Meeting" box.

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About NYPA

NYPA is the largest state public power organization in the nation, operating 17 generating facilities and more than 1,550 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.govand follow us on Twitter, Facebook, Instagram, Tumblrand LinkedIn.

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