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New York State Canal Corporation

company

The New York State Canal Corporation is a public benefit corporation responsible for the operation, maintenance, and promotion of the New York State Canal System. It focuses on preserving the historic waterway while enhancing its recreational and economic value through ongoing infrastructure management and improvement projects.

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Founded 1992 Parent: New York Power Authority (NYPA)
Public Benefit CorporationOperatorDeveloperGovernment

Strategic Overview

  • Committed to the preservation and modernization of the historic New York State Canal System.
  • Focuses on enhancing recreational opportunities and economic development along the canal corridor.
  • Emphasizes environmental stewardship and resilience in its operations and projects.
  • Works in alignment with the New York Power Authority's broader clean energy and infrastructure goals.

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Key People

Brian U. Stratton
Director
John R. Koetzner
Chief Operating Officer
Frank J. Scumaci
Chief Financial Officer

Track Record

32
Years Active
Notable projects: Operation and maintenance of the Erie Canal, Operation and maintenance of the Oswego Canal, Operation and maintenance of the Cayuga-Seneca Canal, Operation and maintenance of the Champlain Canal

Detailed Analysis

Sectors
Transport
Geographies
United States (1 deal)
Deal Stage
OperatingBrownfield

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