Project Traits
State: Virginia
Congressional District: VA03
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Project Type: Manufacturing
Energy Sector: Clean Power
Energy Subsector: Wind
Project Start Year: 2024
Project Launch Year: Unknown
Outcomes & Impacts
Private Investment: $680,000,000
Jobs Announced or Created: 330
People Served: Unknown
Projected Economic Impact: Unknown
A subsidiary of LS Cable & Systems will invest over $680 million to build the facility, which will produce high-voltage direct current submarine cable for offshore wind projects.
The project represents the largest capital investment in the history of Chesapeake City.
The 750,000-square-foot facility will create over 330 jobs, with an average annual salary of $76,000.