The board of the state’s economic development arm has approved $7.2 million in incentives for Recycled Energy Development to put toward purchasing and upgrading the Eastman Business Park utilities system. The incentives, approved yesterday, include a $3.6 million grant and a $3.5 million loan, according to a press release from Empire State Development. The grant […]
Recycled Energy Development
Kodak power plant deal could get OK
Kodak’s proposal to sell the Eastman Business Park’s utilities system could soon move forward.
Utilities deal under review
When Recycled Energy Development agreed to buy and operate the utilities at Eastman Business Park, many local business and government leaders were relieved. Local and state officials consider Eastman Business Park a key economic development asset. And the utility system — especially the cheap and plentiful electricity generated on the site — is a large […]
New owner for power plant
The utility system at Eastman Business Park has a buyer, and that buyer will make upgrades to the park’s dedicated power plant.






