WASHINGTON —Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) and U.S. Rep. Bobby Scott (D-VA-03) applauded the announcement that LS GreenLink is investing $681 million in Chesapeake to build a state-of-the-art facility to manufacture high-voltage subsea cables used for offshore wind farms. LS GreenLink is building the facility thanks to $100 million in tax credits that were made possible by the Inflation Reduction Act (IRA), which incentivizes clean energy investments. The facility marks the first offshore wind cable manufacturer in the United States and is expected to create over 330 jobs.

“The Inflation Reduction Act continues to deliver. Thanks to this once-in-a-generation legislation, the clean energy industry is growing, and Virginia is benefiting,” said Sen. Warner. “This LS GreenLink facility will help support the burgeoning U.S. offshore wind industry, bring hundreds of jobs to Hampton Roads, and spur investment the region.”

“I’m thrilled hundreds of clean energy manufacturing jobs are headed to Virginia thanks to the Inflation Reduction Act we passed by one vote,” said Sen. Kaine. “LS GreenLink’s decision to build a facility in Chesapeake is a testament to Hampton Roads’ talented workforce and strong community. This new facility is a win for workers, our economy, and all who rely on clean energy.”  

“Hampton Roads is leading the way in offshore wind production. Thanks to the Inflation Reduction Act’s inclusion of the Offshore Wind Manufacturing Act, which I co-led with my colleagues, LS GreenLink will be able to utilize tax credits for projects that expand clean energy. Their investment in this new facility in Chesapeake will play a key role in building the domestic green energy supply chain. This investment in Hampton Roads is bringing high-paying jobs to our local economy and boosting our community's transition towards clean, affordable energy,” said Rep. Scott.

“LS GreenLink’s investment in Virginia will showcase the Commonwealth as a leader in offshore wind industry manufacturing,” said Gov. Glenn Youngkin. “LS GreenLink has recognized that Virginia has the skilled talent, world-class logistics location, and business environment that will allow it to serve its growing global customers for submarine power cables.”

Sens. Warner, Kaine, and Rep. Scott wrote a letter to the Department of Energy to advocate for IRA funding for the project.

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