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New York proposes $1 million per megawatt community investment for data centers

Hochul says the payments would help host communities share in the long-term economic value as New York weighs data center expansion.

Sept 15 : New York Governor Kathy Hochul is recommending that local governments seek community investments of at least $1 million per megawatt from developers proposing new data centers, according to a document released on Tuesday.Her recommendations come months after New York became the first U.S. state to

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(Seoul = Yonhap News) Reporter Lee Seong-han = New York Governor Casey Hochal [offered] at least $1 million per megawatt (MW) from developers planning to build data centers in New York State...

·Seoul, Korea (the Republic of)
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The photo shows New York State Governor Kathy Hochul speaking at a press conference held in her Manhattan office on February 20, 2025. (Michael M. Santiago/Getty Images/AFP)

·New York, United States
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Reuters broke the news in London, United Kingdom on Tuesday, September 15, 2026.
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