The New York Power Authority last week approved up to $220 million of bonds to finance an upgrade to a hydroelectric power facility and to refund outstanding debt.

The new-money portion of the debt — up to $80 million — would finance upgrades at the Niagara Power Project’s Lewiston Pump-Generating Plant.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.