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Recent Articles from Kate Andrews
Dominion completes $2.6B sale of stake in offshore wind farm
Dominion Energy has completed its $2.6 billion sale of a 50% noncontrolling stake in its Coastal Virginia Offshore Wind project to investor Stonepeak, the Fortune 500 utility announced Tuesday. This transaction and several other recent sales reduce Dominion’s debt by approximately $21 billion, meeting a goal the utility set in a recent business review, according […]
Former NFL, U.Va. football player indicted on embezzlement charges
Real estate developer Christopher A. Harrison, a former University of Virginia and NFL football player, was indicted last week on federal embezzlement charges connected to a downtown Richmond residential project and Petersburg’s former Ramada Inn, which he purchased in 2018 to redevelop. According to a news release by the U.S. Department of Justice, a grand […]
Hardee to retire as Lawson Cos. CEO in 2025
Lawson Cos., the Norfolk-based residential real estate development and construction company, announced Thursday its president and CEO, Carl Hardee, will retire at the end of 2025. Aaron Phipps, Lawson’s senior vice president and chief financial officer, is expected to succeed Hardee, who was named president and CEO in 2016, according to the company’s announcement. Hardee […]
VCU wins approval to start lung transplant surgeries
VCU Health announced Wednesday it has received approval to start lung transplantation surgeries at its Hume-Lee Transplant Center, becoming one of three facilities in the state providing lung transplants. “This will be extremely beneficial for the hundreds of patients living with advanced lung disease in Eastern and Central Virginia,” Dr. Marlon Levy, interim VCU Health […]
J-Lab scientist to receive nuclear physics prize
Volker D. Burkert, a scientist at the Thomas Jefferson National Accelerator Facility in Newport News, aka the Jefferson Lab, has been chosen to receive the 2025 Tom W. Bonner Prize in Nuclear Physics, the lab announced Wednesday. Burkert has worked at the U.S. Department of Energy lab for 39 years of its 40-year history, and […]
Dominion files energy plan that includes more wind, nuclear
Dominion Energy Virginia filed its 2024 Integrated Resource Plan on Tuesday with the Virginia State Corporation Commission and the North Carolina Utilities Commission, setting out its long-term plans for energy generation over the next 15 years. The report calls for more offshore wind and solar energy development, as well as small modular nuclear reactors starting […]
Norfolk casino groundbreaking set for Oct. 30
Groundbreaking for Norfolk‘s forthcoming casino is set to take place Oct. 30, according to a news release Tuesday. The announcement of the event, which is slated to feature remarks by the CEO of Boyd Gaming, the Pamunkey Indian Tribe’s chief and Norfolk’s mayor, comes after the Norfolk City Council approved the project last month after […]
Allianz named title sponsor of Richmond amphitheater
Allianz Partners will be the naming sponsor for Richmond’s forthcoming 7,500-capacity, $30 million outdoor amphitheater, the global insurer announced Tuesday. The Allianz Amphitheater at Riverfront, a project led by Charlottesville’s Red Light Ventures and Live Nation, is expected to open next year in time for the summer concert season, according to the announcement. The amphitheater [[...]
Marble Systems to build facility in Caroline County
A Fairfax County-based stone products manufacturer and distributor, Marble Systems, will invest $9.7 million on a warehouse and distribution center in Caroline County, creating an estimated 59 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with South Carolina, New Jersey and Georgia for the project, which will also include cut stone and stone product manufacturing […]
Currie Medical to expand in Norfolk
Currie Medical, a medical device manufacturer, plans to invest $1.22 million to expand its operations in Norfolk, creating an estimated 60 jobs, the governor’s office announced Friday. Based in Franklin, Tennessee, Currie Medical will lease a 30,000-square-foot building at 3701 E. Virginia Beach Blvd. in Norfolk, where it will house its medical device reprocessing operation […]
