New York Commits $62.12M to Power Up Two Industrial Sites

On November 13, 2026, New York State announced more than $62 million through its Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program for electrical infrastructure upgrades at two industrial sites: Eastman Business Park in Rochester and Renaissance Commerce Park in Lackawanna. The awards are $59.95 million and $2.17 million, respectively. Together, the projects have total costs of $96.22 million, with the state funding intended to help make the properties power-ready and shovel-ready for advanced manufacturing and other high-growth industries. Governor Kathy Hochul framed the investment as a way to ensure growing industries have the capacity they need, while helping companies “get to work faster.”

POWER UP is a $300 million open-enrollment initiative designed to prepare industrial properties for the energy needs of modern industry. The state says more than $101 million has been awarded through two rounds to support six projects across Upstate New York. Introduced in the governor’s 2025 State of the State, funded in the FY26 Enacted Budget, and launched in late 2025, the program is part of a broader economic development strategy focused on attracting advanced manufacturing investment, strengthening supply chains, and creating good-paying jobs. It builds on the state’s FAST NY effort and supports sectors including semiconductors, agribusiness, cleantech, and next-generation manufacturing.

For contractors, utilities, engineering firms, and site developers, the awards indicate likely demand around electrical capacity, utility coordination, and industrial site development as the funded projects advance. Eastman Business Park represents the larger opportunity by project scale, with a total project cost of $93.55 million and a $59.95 million award. Renaissance Commerce Park has a total project cost of $2.67 million, supported by a $2.17 million award. These figures establish project-level context, but the announcement does not identify specific procurements, scopes of work, awardees for construction contracts, or solicitation timelines; vendors should monitor project sponsors and relevant state channels rather than assume contracts have been competed.

The program’s administrative structure is also relevant to potential bidders and partners. Empire State Development administers POWER UP in consultation with the New York State Department of Public Service, aligning projects with utility planning, regulatory requirements, and long-term regional economic development. The New York State Public Service Commission emphasized that proactive planning can support economic development while strengthening grid reliability. For firms seeking future work, the open-enrollment model may provide a route for eligible industrial-site owners and developers to seek support for electrical readiness. Companies should assess their qualifications for utility infrastructure, electrical engineering and construction, site preparation, and related manufacturing investments, while tracking project-specific procurement notices and partner requirements.

• New York announced more than $62 million in POWER UP awards on November 13, 2026: $59.95 million for Eastman Business Park and $2.17 million for Renaissance Commerce Park.
• The two projects have a combined total cost of $96.22 million; Eastman’s project cost is $93.55 million, and Renaissance’s is $2.67 million.
• Eastman Business Park is in Rochester, while Renaissance Commerce Park is in Lackawanna; the projects cover the Finger Lakes and Western New York regions.
• POWER UP is a $300 million open-enrollment initiative focused on electrical readiness at industrial sites to attract advanced manufacturing and other high-growth industries.
• More than $101 million has been awarded through two rounds for six projects across Upstate New York, according to the state announcement.
• Empire State Development administers the program in consultation with the New York State Department of Public Service; the New York State Public Service Commission is also identified in the announcement.
• Potential follow-on work may involve electrical infrastructure, utility coordination, engineering, construction, and site development; the announcement does not specify procurement packages or contracting schedules.
• Site owners and developers can evaluate the open-enrollment program for electrical-readiness support, while vendors should monitor project sponsors and state procurement channels for forthcoming opportunities.
• The program supports state priorities that include strengthening supply chains, attracting investment in semiconductors, agribusiness, cleantech, and next-generation manufacturing, and creating good-paying jobs.