NYPA Press Release

For Immediate Release: 03/19/2026

Contact: media.inquiries@nypa.gov | (518) 860-9935

 

Northern New York Power Proceeds Allocation Board to Recommend

Economic Development Funding

   

MASSENA, N.Y.—The Northern New York Power Proceeds Allocation Board will meet on Wednesday, Apr. 1, at 4 p.m. in the conference room of the New York Power Authority’s Massena office, located at 2 Water Street in The Mercantile Building. 

 

The proceeds board is expected to make funding recommendations under the Northern New York Power Proceeds Allocation Act—signed into law on Dec. 29, 2014—to apply the net earnings of the market-sale of unutilized hydropower from the Power Authority’s St. Lawrence-FDR Power Project to support economic development in St. Lawrence County.

 

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 www.nypa.gov and selecting “View Meetings.”

 

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About NYPA

The New York Power Authority 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 LinkedIn, Twitter, Facebook, Instagram, and Substack.