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Live News REGULATION ARTICLE M impact

New York recommends $1 million per megawatt community investment

Gov. Kathy Hochul recommends local governments seek at least $1 million per megawatt from developers proposing new data centers, per a document released Tuesday.

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New York Governor Kathy Hochul is recommending that local governments ask developers proposing new data centers for community investments of at least $1 million per megawatt, according to a document released on Tuesday. Her recommendations were issued months after New York became the first…