Low cost hydropower contracts extended for more than 100 WNY companies
Posted by CITIZEN POWER ALLIANCE at 10:47 AMA critical competitive resource will continue to be delivered to dozens of Western New York manufacturers through the next decade thanks to legislation approved Tuesday by Gov. David Paterson.
Officials from the New York Power Authority joined numerous business leaders for a news conference at Praxair Inc. to announce the seven-year extension of low cost hydropower contracts for more than 100 Western New York companies, including Praxair, the General Motors Tonawanda Engine facility, 3M, DuPont, General Mills and Nestle Purina.
The contracts begin in 2013 and run through 2020. They were reached between the New York Power Authority and Power for Economic Prosperity, a consortium of companies that buy power from NYPA.
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