THANK YOU!!

[Wayne Decker]

Thank you to everyone for all of your hard work in defeating NYRI!

[mary]

Wayne,

Yes, I was holding my breath. The folks in binghamton may not have
noticed what has happened with NYRI (due to the local tragedy)

Maybe this will the one of the last times we need to email to the
list.

Thanks everyone!



NYRI Suspends Its Participation in NY State Transmission Siting
Process
FERC Position Discourages Private Investment in State's Energy
Infrastructure

Albany, NY, April 6, 2009 - New York Regional Interconnect (NYRI)
announced that, while it remains committed to transmission development
in New York State, it is suspending its current participation in the
New York Public Service Commission (PSC) Article VII process for its
1200MW HVDC project.

The March 31st decision by the Federal Energy Regulatory Commission
(FERC) denying NYRI's request to review the recently approved rules of
the New York State Independent System Operator (NYISO) for
transmission tariffs has created an unacceptable financial risk for
NYRI's investors. Even if the NYRI project were to be sited by the
PSC, NYRI would face the prospect of being unable to recover
transmission costs from the ratepayers who would benefit from the
project.