• Statement by NYPA Acting Chief Operating Officer Gil C. Quiniones Related to Amended Entergy Value Sharing Agreements

    WHITE PLAINS, NY, Aug. 25, 2008 -- After productive negotiations, Entergy and NYPA have agreed that any payments due NYPA under the amended value-sharing agreements will continue despite the proposed reorganization currently before the New York State ...
    Sept. 3, 2008

    WHITE PLAINS, NY, Aug. 25, 2008 -- After productive negotiations, Entergy and NYPA have agreed that any payments due NYPA under the amended value-sharing agreements will continue despite the proposed reorganization currently before the New York State Public Service Commission. This agreement takes effect when that reorganization closes.

    About NYPA:

    ■ NYPA uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.

    ■ NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives.

    ■ It is the nation's largest state-owned electric utility, with 18 generating facilities in various parts of the state and more than 1,400 circuit-miles of transmission lines.

    ■ For more information, visit www.nypa.gov.

    Contact:

    Connie M. Cullen

    914-390-8196

    [email protected]

    About the Author

    Amy Fischbach

    Field Editor

    Amy Fischbach is the field editor for the Electric Utility Operations section of Transmission & Distribution World. She worked for Prism Business Media (now Penton) for eight years, most recently as the managing editor of Club Industry's Fitness Business Pro magazine. She is now working as a freelance writer and editor for B2B magazines. Amy earned her bachelor's and master's degrees in journalism from Kansas State University in Manhattan, Kansas. She serves as the national vice president of the American Society of Business Publication Editors. She can be reached at [email protected].

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