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Media Advisory and Photo Opportunity: NY Power Authority President Kessel to Present $2 Million Annual Payment to Local Officials - CANCELLED
 

December 22, 2008

FOR IMMEDIATE RELEASE

A news conference that had been scheduled for 11 a.m. today for NYPA President and CEO Richard M. Kessel to present local officials with a large ceremonial check signifying the annual $2 million payment related to the 2003 licensing of the St. Lawrence-Franklin D. Roosevelt Power Project has been cancelled.

  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 nationís 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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