Koelmel Tapped to be Chair of the NYPA Board
On Tuesday, Gov. Cuomo announced that he has nominated John Koelmel, CEO of First Niagara Bank, to serve on the NY Power Authority (NYPA) Board of Trustees, and that he is recommending that Koelmel be elected next chairman of the NYPA Board. The NYPA nomination requires Senate approval.
The White Plains-based Power Authority is largest state power organization in the nation, with 17 generating facilities and more than 1,400 miles of transmission lines. NYPA is a major hydropower-producing agency that is also a major supplier of cheaper energy to upstate businesses.