Bethlehem IDA Advances Major Energy Infrastructure Agreements at February Board Meeting

At its February 26, 2025 public meeting, the Town of Bethlehem Industrial Development Agency (IDA) approved a series of resolutions advancing long-term energy infrastructure at the former Albany Steam Station, including amendments to existing lease and PILOT agreements involving Corniche Capital and its principal, David Ebrahimzadeh. The actions support continued capital investment, operational continuity, and compliance with state and local economic development objectives, while reinforcing the Town of Bethlehem’s commitment to responsible industrial stewardship and long-range planning.

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