Deals Counterparts

New York State

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New York State is a governmental entity that actively plans, funds, and oversees a vast portfolio of infrastructure projects across transportation, energy, digital, and social sectors. Its strategy is driven by economic development, sustainability, resilience, and improving quality of life for its residents, with a strong focus on achieving ambitious clean energy and climate goals.

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Founded 1788
State GovernmentGovernmentDeveloperLenderOfftaker

Strategic Overview

  • New York State is committed to achieving 70% renewable electricity by 2030 and a zero-emission electricity sector by 2040, driving significant investment in clean energy infrastructure.
  • The state actively pursues public-private partnerships (P3s) to accelerate infrastructure development and leverage private capital.
  • Resilience and climate adaptation are key considerations in all new and existing infrastructure projects, particularly in coastal areas and for critical utilities.
  • Significant focus on modernizing and expanding transportation networks, including transit, airports, and roads, to support economic activity and improve connectivity.

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Key People

Kathy Hochul
Governor

Track Record

236
Years Active
$B100B
Total Value
Notable projects: Gateway Program (Hudson River Tunnel), Clean Path NY, Empire Wind 1, 2 & 3, LaGuardia Airport Redevelopment, JFK Airport Redevelopment, ConnectALL Broadband Initiative

Detailed Analysis

Technologies
Roads/Toll RoadsRailAirportsPortsDigital/TelecomWaterElectric GridSolar PVOnshore WindOffshore Wind
Geographies
United States
Deal Stage
GreenfieldBrownfieldOperating
Deal Structure
Public-Private Partnership (P3)Direct State FundingGrantsBondsPower Purchase Agreement (PPA)

Subsidiaries

Metropolitan Transportation Authority (MTA)New York Power Authority (NYPA)New York State Energy Research and Development Authority (NYSERDA)Empire State Development (ESD)New York State Department of Transportation (NYSDOT)Port Authority of New York and New Jersey (PANYNJ)

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