NEWS
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NYPA President Richard Kessel Pledges Regional Board Meetings Contact: October 23, 2008 FOR IMMEDIATE RELEASE BUFFALO—New York Power Authority (NYPA) President and Chief Executive Officer Richard M. Kessel today pledged to hold NYPA’s Board of Trustee meetings around the state. In doing so, Kessel is striving to make NYPA more transparent and accessible to the public and to demonstrate its commitment to engaging the communities in which the Power Authority maintains critical facilities. While visiting with officials in Western New York, Kessel said that the Power Authority’s next board meeting, scheduled for November 19, will be in Buffalo. Specifically, the November NYPA Board of Trustees meeting will be at the offices of Empire State Development, 424 Main Street, Buffalo. In only his second week on the job as NYPA president, Kessel traveled to Western New York to meet with local officials and economic development advocates and to visit the Power Authority’s Niagara Power Project. He confirmed his commitment to ensuring that the Power Authority will continue to be a good corporate citizen and neighbor to the communities where it operates generation facilities and transmission lines and will work to strengthen those relationships. NYPA’s Niagara Power Project, located in the Town of Lewiston, Niagara County, produces over 2,400 megawatts (mw) of electricity. Low-cost hydropower generated at the plant supports more than 45,000 jobs in Western New York. Kessel also indicated that he is working with NYPA Acting Chairman Michael Townsend and the other members of the Board of Trustees to schedule future meetings in other regions of the state. In doing so, he also vowed to be back in Western New York with a future board meeting in Niagara County. About NYPA: ■ NYPA 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 is a leader in promoting energy-efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation’s largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines. |
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