Chesapeake City Council Supports LS Greenlink's $1.3B Undersea Cable Projects

LS Greenlink, a subsidiary of South Korean LS Cable & System, is investing over $1.3 billion in Chesapeake, Virginia, to build a cable manufacturing facility and a 660-foot tower, which will be Virginia's tallest building. The Chesapeake City Council approved a federal grant application to support the construction of a dedicated pier for material transport. The manufacturing facility, expected to be operational by 2028, will produce high-voltage undersea power cables connecting offshore wind farms to the mainland. The project aims to create hundreds of jobs and has already received state grants totaling $8.8 million. The facility will also manufacture copper rods, rare-earth magnets, and magnet wires for various industries. LS Greenlink's initiatives are aligned with enhancing local clean energy capabilities and strengthening U.S. supply chains.

Key Points: • LS Greenlink is investing over $1.3 billion in Chesapeake for undersea cable manufacturing. • The Chesapeake City Council approved a federal grant application to support infrastructure development. • The projects are expected to create hundreds of jobs and enhance local clean energy efforts.