Deals Counterparts

State of New York

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The State of New York, through its various agencies and legislative actions, is a primary driver and facilitator of infrastructure development and investment within its borders. Its strategy involves direct public funding, leveraging federal grants, fostering public-private partnerships, and implementing policies to advance critical infrastructure across transport, energy, digital, and social sectors, with a strong emphasis on climate resilience and economic development.

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Founded 1788
State GovernmentGovernmentDeveloperLenderOfftaker

Strategic Overview

  • Strong commitment to climate goals, aiming for 70% renewable electricity by 2030 and a zero-emission electricity sector by 2040.
  • Significant investment in public transportation, particularly in the downstate region through the MTA.
  • Focus on modernizing aging infrastructure across all sectors, including water, wastewater, and the electric grid.
  • Utilizes public-private partnerships (P3s) for large-scale projects to leverage private capital and expertise.
  • Prioritizes economic development and job creation through infrastructure investments, especially in emerging clean energy sectors.

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Key People

Kathy Hochul
Governor
Marie Therese Dominguez
Commissioner, NYSDOT
Doreen M. Harris
President & CEO, NYSERDA
Janno Lieber
Chair & CEO, MTA

Track Record

236
Years Active
Notable projects: JFK Airport Redevelopment, LaGuardia Airport Redevelopment, New NY Bridge (Tappan Zee replacement), Gateway Program (Hudson River Tunnel), Empire Wind 1 & Sunrise Wind Offshore Wind Projects

Detailed Analysis

Sectors
TransportDigital/TelecomUtilitiesEnergy TransitionSocial Infrastructure
Technologies
Onshore WindOffshore Wind (2 deals)Solar PVBattery StorageTransmissionEV ChargingGreen Hydrogen
Geographies
United States
Deal Stage
GreenfieldBrownfieldOperating

Subsidiaries

New York State Department of Transportation (NYSDOT)Metropolitan Transportation Authority (MTA)New York State Energy Research and Development Authority (NYSERDA)New York State Thruway AuthorityEnvironmental Facilities Corporation (EFC)New York Power Authority (NYPA)Port Authority of New York and New Jersey (PANYNJ)

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