04/24/2026 | Press release | Archived content
Awards Total More Than $38.9 Million Across Western New York, Mohawk Valley, North Country and Southern Tier
$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
Empire State Development (ESD) today announced the inaugural awards through New York State's Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program, a $300 million initiative designed to create power-ready, shovel-ready industrial sites capable of attracting high-growth industries and next-generation manufacturers. The first four awards, totaling more than $38.9 million, will fund critical electrical infrastructure upgrades at strategic industrial sites across Western New York, the Mohawk Valley, the North Country and the Southern Tier, helping position New York State to compete for advanced manufacturing investments and the good-paying jobs they create. POWER UP was first introduced in Governor Kathy Hochul's 2025 State of the State and funded in the FY26 Enacted Budget as part of the New York's effective strategy to strengthen its economy by proactively preparing sites for the increasing energy demands of modern industry. Launched in late 2025, ESD 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.
ESD President, CEO and Commissioner Hope Knight said, "Governor Hochul understands that attracting the industries of tomorrow requires investing in the infrastructure they need today. POWER UP is a bold, forward-looking strategy that strengthens New York's competitive edge by creating sites that are both shovel-ready and power-ready. These inaugural awards will unlock new opportunities for communities across the state, support advanced manufacturing growth, and drive lasting economic development."
New York State Public Service Commission Chair Rory M. Christian said, "A reliable energy system is a core aspect of supporting and expanding economic development in New York. Large-scale commercial and industrial projects are often energy intensive as a result of structural footprint and processes. Before these projects can actively create jobs and contribute to the flourishing of communities across the state, forward-looking strategic initiatives such as POWER UP ensure that power is available and accessible to attract additional innovative industries to New York."
The inaugural POWER UP awards include:
POWER UP is an open enrollment program has drawn strong interest from regions statewide, with dozens of applications received and additional awards to be announced in the months ahead. It builds on the success of FAST NY, which has awarded more than $333 million to 41 sites across Upstate New York, supporting efforts at nearly 8,800 acres - including infrastructure improvements at 4,775 developable acres. While FAST NY focuses on general site readiness, POWER UP specifically targets the electrical and transmission infrastructure required by modern manufacturers whose operations depend on advanced robotics, computing systems, automation, and climate-controlled production environments. By proactively investing in these upgrades, New York is reducing development timelines by years and creating a pipeline of turn-key industrial sites ready for fast-growing sectors such as semiconductors, agribusiness, renewable energy, cleantech and transportation equipment manufacturing.
By making proactive investments in electrical readiness, New York State continues to strengthen its pipeline of industrial development opportunities and ensure communities across the state are prepared to compete for transformational private-sector investment. For more information about New York State's POWER UP grant program, click here.
About Empire State Development
Empire State Development is New York's chief economic development agency, and promotes business growth, job creation, and greater economic opportunity throughout the state. With offices in each of the state's 10 regions, ESD oversees the Regional Economic Development Councils, supports broadband equity through the ConnectALL office, and is growing the workforce of tomorrow through the Office of Strategic Workforce Development. The agency engages with emerging and next generation industries like clean energy and semiconductor manufacturing looking to grow in New York State, operates a network of assistance centers to help small businesses grow and succeed, and promotes the state's world class tourism destinations through I LOVE NY. For more information, please visit esd.ny.gov, and connect with ESD on LinkedIn, Facebook and X.
Contact:
ESD Press Office | [email protected] | (800) 260-7313