Albany Engineering Maintains and Acquires GIPA Hydro Facility
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Description
Green Island Power Authority (GIPA) designated Albany Engineering as hydro operations co-licensee in January 2016, continuing this arrangement through 2023. In October 2022, GIPA sold the hydro facility to Albany Engineering, improving its financial position.
Contract Details
Vendor
ALBANY ENGINEERING
Agency
Town of Green Island, NY
Contract Type
OTHER
Document Date
May 31, 2023
Renewal Info
Ongoing maintenance since 2016; facility sold in October 2022; no specific renewal terms provided in report.
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