National Grid gets $50 million in federal funds to upgrade infrastructure
National Grid has been awarded nearly $50 million towards a big modernization project.
The funding comes from the Infrastructure and Jobs Law. The money will modernize the electric infrastructure, help promote clean energy, make the power grid more resilient, and create good paying jobs, according to Sen. Chuck Schumer.
The project will also build on STEM workforce development partnerships.
“When I led the Bipartisan Infrastructure qne Jobs Law to passage, it was the win-win-win of life-saving investments in grid resilience, creating good-paying jobs, and that promoting clean energy that I had top of mind,” said Schumer in a statement. “I am proud to help deliver this major federal investment to power Upstate NY’s clean energy future and power the future of New York’s electric infrastructure.”
The project will cost around $140 million – $90 million of which is being contributed by National Grid.