Empire State Development Corporation

11/13/2026 | Press release | Distributed by Public on 11/13/2026 15:25

Governor Hochul Announces More Than $62 Million in POWER UP Awards to Grow New York’s Power-Ready, Shovel-Ready Sites

$300 Million Program Supports Electrical Infrastructure Upgrades to Attract Advanced Manufacturing, Strengthen Supply Chains and Create Good-Paying Jobs

Builds on Success of FAST NY and Advances New York's Leadership in Semiconductors, Agribusiness, Cleantech and Next-Generation Manufacturing

Governor Kathy Hochul today announced more than $62 million in awards through New York State's Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program. The awards will fund critical electrical infrastructure upgrades at strategic industrial sites in the Finger Lakes and Western New York, helping to position the state for advanced manufacturing investments and the good-paying jobs they create. POWER UP is a $300 million initiative designed to create power-ready, shovel-ready industrial sites capable of attracting high-growth industries and next-generation manufacturers. Through two rounds, more than $101 million has been awarded to support six projects across Upstate New York.

"As New York continues to attract more and more high-growth industries we are making sure they have the power they need to grow," Governor Hochul said. "My POWER UP program is turning promising industrial sites into places where companies can get to work faster, creating good-paying jobs and strengthening our economy."

POWER UP was first introduced in Governor Hochul's 2025 State of the State and funded in the FY26 Enacted Budget as part of New York's strategy to strengthen its economy by proactively preparing sites for the increasing energy demands of modern industry. Launched in late 2025, Empire State Development administers POWER UP in consultation with the Department of Public Service, ensuring projects are strategically aligned with utility planning, regulatory requirements, and long-term regional economic development.

Empire State Development President, CEO and Commissioner Hope Knight said, "As businesses grow and technologies evolve, more on-site capacity is critical to support these operations. Governor Hochul, through the POWER UP initiative, is investing in our infrastructure today to ensure that advanced manufacturing companies can create opportunities and good-paying jobs, further bolstering New York's innovation economy."

Read the full press release here.

Empire State Development Corporation published this content on November 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 13, 2026 at 21:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]