CONTRACTRECOMMENDED

Hitachi Energy Building Sale Change Recommended

Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia logoVirginia Tobacco Region Revitalization Commission | Commonwealth of Virginia
Disclosed value
$6,000,000 sale proceeds to be returned to the Commission
From agendapacket
Document date
Sep 24, 2025

The 30-second brief

What it covers

Staff recommends allowing Hitachi Energy USA to purchase the original South Boston facility beginning January 1, 2026. The sale would be conditioned on verified performance and would return $6 million to the Commission.

Who holds it

Hitachi Energy USA holds this contract with Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia. Its other public contracts on record include work for Copiah County and City of Litchfield.

What happens next

Term as filed: Sale permitted as of January 1, 2026; original agreement restricted sale until after July 11, 2029.

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Contract details

Amount
$6,000,000 sale proceeds to be returned to the Commission
Document date
September 24, 2025
Term
Sale permitted as of January 1, 2026; original agreement restricted sale until after July 11, 2029
Source document
Tobacco Region Revitalization Commission AgendaPacket Incentives and Loans Committee Meeting 2025-09-24 (AgendaPacket)

Hitachi Energy USA's other public contracts

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Questions about this contract

Who was awarded the government contract by Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia?

Hitachi Energy USA was awarded this government contract by Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia, as recorded on September 24, 2025. The contract value is $6,000,000 sale proceeds to be returned to the Commission.

How much is the Hitachi Energy USA contract with Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia worth?

The Hitachi Energy USA contract with Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia is valued at $6,000,000 sale proceeds to be returned to the Commission.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Tobacco Region Revitalization Commission AgendaPacket Incentives and Loans Committee Meeting 2025-09-24 (AgendaPacket), dated September 24, 2025 from Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hitachi Energy USA hold?

Hitachi Energy USA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia currently buying?

Explore Virginia Tobacco Region Revitalization Commission | Commonwealth of Virginia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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