Governor Hochul Launches $300 Million POWER UP Program to Power-Ready Industrial Sites Across New York
Governor Kathy Hochul has launched New York’s $300 million Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program to create power-ready and shovel-ready industrial sites that attract high-growth industries such as semiconductors, agribusiness and cleantech. Funded with an initial $100 million in the FY26 Enacted Budget after being introduced in the 2025 State…