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BWXT announces new chief strategy officer
BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel has tapped Rik Geiersbach as its new chief strategy officer.
Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
Virginia eyes nuclear to power booming data centers
Data centers devouring nearly a quarter of Virginia’s electricity, leaders push nuclear power, from SMRs to fusion, to meet rising demand.
Energy 2025: SABEL, MIKE
Sabel, a billionaire former investment banker, co-founded Venture Global in 2013 with finance lawyer Robert Pender, exporting U.S.-produced liquefied natural gas. In January the company went public, and shares opened nearly 4% below its $25 IPO price, earning a valuation of $58.2 billion, and its stock fell to a low of $7 in April, although […]
Energy 2025: BLUE, ROBERT M. ‘BOB’
Blue oversees Fortune 500 utility Dominion, which has 14,700 employees and provides regulated electricity service to 3.6 million customers in Virginia, North Carolina and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. Blue began his career with Dominion as managing director of state affairs and corporate policy in 2005. After […]
Energy 2025: SENECHAL, KRISTEN
Following an eight-month national search, Kristen Senechal was selected to lead NOVEC, succeeding David E. Schleicher, who retired in April. One of the nation’s largest electric cooperatives based on energy sales, NOVEC reported operating revenue of $864 million in 2023. The electric cooperative serves more than 180,000 residential and business customers in Clarke, Fairfax, Fauquier, [&helli[...]
Energy 2025: BROWN, CARLOS M.
Brown’s title at Dominion grows longer and longer. After joining the company in 2007 as senior counsel, Brown steadily climbed the ranks, holding business, operational and legal roles. In 2024, Brown became president of Dominion Energy Services and executive vice president, chief legal officer and corporate secretary of Dominion Energy. In June, Brown assumed oversight […]
Government Contractors | Technology 2025: GEVEDEN, REX D.
Headquartered in Lynchburg, BWX Technologies manufactures nuclear reactors, fuel and components; develops and manufactures microreactors for national security and space applications, and provides nuclear technical services at government labs and facilities. Geveden joined BWXT in 2015 as its chief operating officer before becoming CEO in 2017. He previously was an executive at Teledyne Technologie[...]
Energy 2025: PIERCE, SHANNON O.
A Surry County native, Pierce succeeded Robert Duvall in April as leader of the utility serving more than 310,000 residential, commercial and industrial customers in Southeastern Virginia. Pierce didn’t grow up dreaming of working in energy, the field where she’s spent her entire career. Fresh out of the University of Virginia School of Law, Pierce […]
Energy 2025: HEWA, JOHN D.
In 2017, Hewa joined the member-owned utility as vice president and chief operating officer. Three years later, he took the helm of the Rappahannock Electric Cooperative following the retirement of Kent Farmer, who’d worked there for more than four decades. In addition to leading the cooperative that today provides electricity to nearly 182,000 connections across […]
