NYPA Press Release

For Immediate Release:10/22/25

Contact: media.inquiries@nypa.gov

 

Western New York Power Proceeds Allocation Board to Recommend

Economic Development Funding on Oct. 29

 

BUFFALO, N.Y.—The Western New York Power Proceeds Allocation Board will meet at 3 p.m.on Wednesday, October 29, at the New York Power Authority's Buffalo office, located atWaterfront Village Center, 40 La Riviere Drive, Buffalo, NY 14202.

 

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 atwww.nypa.govand 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.gov and follow us on Twitter, Facebook, Instagram, and LinkedIn.