Board meetings, strategic plans, and buyer signals from Joseph W. Gryzlo’s organization
Sep 29, 2026·BoardMeeting
Board
Economic Development Power Allocation Board Meeting
The board reviewed and approved two primary business items. The first item involved 35 recommendations regarding Recharge New York power allocations, specifically 28 contract extensions for existing customers and seven modifications to existing allocations. The second item addressed the transfer of an awarded Recharge New York power allocation from Bestway Enterprises, Inc. to Bestway of New York, Inc. to reflect organizational changes within the company.
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Board of Directors of NYPA Captive Insurance Company Special Meeting
The Board held a meeting to review insurance programs and discuss compliance oversight. Key agenda items included the renewal of the TRIA/NBCR coverage program with a recommendation to increase limits to $750 million based on current reserves. The Board also reviewed the cyber resiliency program, benchmarking it against peers, and recommended increasing the coverage tower to $100 million, while also considering new affirmative nation-state actor coverage. Additionally, the meeting included a discussion regarding the regulatory compliance requirements for the captive insurance company, emphasizing oversight by the Department of Financial Services and independent captive management. A consent agenda involving reappointments and other actions was also approved.
Sep 23, 2026·BoardMeeting
Board
Board Of Directors Of NYPA Captive Insurance Company Public Hearing
The public hearing concerned the execution of contracts for the sale of preservation power and extension agreements. The session detailed legal notice procedures, including newspaper announcements and website accessibility, and outlined key provisions of the proposed contracts with Roth Industries Inc. and TRPC Potsdam LLC. Topics covered included demand and energy billing, requirements for facility energy audits, periodic customer communications, and compliance provisions regarding supplemental commitments.
Sep 16, 2026·BoardMeeting
Board
New York Power Authority Board of Trustees Public Hearing
The public hearing concerned the proposed extension of hydropower contracts and the sale of replacement power allocations. Discussions covered contract extensions for National Grid, New York State Electric and Gas, and Rochester Gas and Electric. Additionally, the hearing addressed a proposed contract with Air Company Holdings Inc. for a new manufacturing facility in Medina, New York, which would utilize replacement power allocations for producing sustainable aviation fuel and other products using renewable energy and captured biogenic carbon dioxide.
Extracted from official board minutes, strategic plans, and video transcripts.