Recent Articles from Katherine Schulte
NextEra-Dominion merger: What’s in store for Virginia?
A proposed merger of Dominion Energy with NextEra Energy could create an energy giant, but it’s likely to face opposition in Virginia.
Dominion Energy to be acquired in $66.8B all-stock deal
Fortune 500 utility Dominion Energy has entered into a definitive agreement to be acquired by Florida energy company NextEra Energy in an all-stock transaction.
Republic National Distributing could lay off 428 in Virginia
Republic National Distributing Co. could lay off 428 employees in Ashland as it sells operations in Virginia and other markets to Reyes Beverage Group.
Richmond site for planned multifamily building sells for $6.36M
A developer bought a roughly 2-acre site near the Diamond District in Richmond for $6.36 million in mid-April, with plans for redevelopment.
EdgeCore secures $1.5B toward Sterling data centers construction
EdgeCore Digital Infrastructure secured $1.5 billion to build two hyperscale data centers in Sterling, supporting 114 megawatts of critical load.
Sapporo to sell Stone Brewing but not Richmond facility
Sapporo USA is selling the Stone Brewing brand and California locations but will consolidate its U.S. production in Richmond.
BWXT to acquire heavy manufacturer for nuclear production
BWXT is acquiring Precision Components Group to boost its commercial nuclear manufacturing capacity, adding 500,000 square feet.
Alaska contractor to lay off 108 in Arlington
Alaska-based government contractor Bering Global Solutions will lay off 108 employees in Arlington County on June 30.
Cavallo to return as Martin Agency CEO
Kristen Cavallo is returning as the CEO of prominent Richmond-based ad agency The Martin Agency, according to a Thursday LinkedIn post from the agency.
Spanberger appoints inaugural chief energy officer
Gov. Abigail Spanberger appointed an inaugural chief energy officer, attorney Josephus Allmond, on Wednesday.


















