Video, Photo and Caption: Lower Cost Power Supports 600 Jobs and $100 Million in Capital Investment at North Country Paper Mill
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New York Power Authority (NYPA) Trustee Eugene Nicandri (second from left) and NYPA President and Chief Executive Officer Gil C. Quiniones (second from right) were joined today by International Paper’s Vice President and General Manager, Imaging and Commercial Printing Papers John Sims (right) and New York State Energy Research and Development Authority Senior Project Manager Cheryl Glanton at International Paper in Ticonderoga to highlight the success of Governor Andrew M. Cuomo’s ReCharge NY (RNY) power allocation program that will help preserve 600 jobs and assist in $100 million in capital investment at the facility.
Photo Credit: NYPA
Click below for video from news conference:
■The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA has been designated as the lead entity via Executive Order 88 by Gov. Andrew M. Cuomo to form a central management and implementation plan to carry out his Build Smart NY plan to reduce energy use by state facilities by 20 percent by 2020.■ NYPA is the nation's largest state public power organization, through the operation of its 16 generating facilities in various parts of New York State, participation in a unique public/private partnership to contract for power from a clean generating plant in Queens, and its operation of more than 1,400 circuit-miles of transmission lines. ■ More than 70 percent of the electricity NYPA produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■For more information visit www.nypa.gov or follow us on Twitter @NYPAenergy, Facebook, Instagram, Wordpress, and LinkedIn.