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Opower Plans $10.45 Million Expansion Of Arlington County, Virginia, Headquarters

02/09/2016
Opower, the global leader in cloud-based software for the utility industry, will invest $10.45 million to expand its headquarters operation in Arlington County, Virginia. The company plans to create 70 new jobs.

Pending execution of a lease agreement, Opower plans to locate its global headquarters at 2311 Wilson Boulevard, a new building to be constructed over the next two years by Carr Properties.

“Opower is exactly the kind of customer we had in mind when we designed 2311 Wilson," said Oliver Carr III, CEO of Carr Properties. “We can't wait to see Opower employees meeting for lunch on our roof deck, or relaxing in the park behind our building and Opower families enjoying the daycare facility planned for our ground floor. We are excited to see that Opower will take full advantage of the unique workplace environment that we are creating at 2311 Wilson.”

“We are excited to work with our partners to design what will be one of the most dynamic workplaces in the region,” said Alex Laskey, President/Co-founder of Opower. “It’s critical that Opower has access to a skilled workforce and is able to offer a compelling work environment. We look forward to continuing to call Arlington home as we work with our utility clients help build a clean energy future.”

Governor Terry McAuliffe said, “Keeping Opower in Arlington County has been a high priority of my administration. This high-profile energy software company is growing rapidly and making a major impact on global challenges, and we are committed to further strengthening this important corporate partnership. The technology industry is booming in Virginia, and wins like this expansion help us continue to build on the momentum in this important sector as we grow, diversify and build a new Virginia economy.”

“Opower is a great example of the type of new energy company we want to attract to and retain in the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “It is important that we continue to catalyze growth in this strategic sector. We are thrilled to see Opower’s expansion, and we look forward to seeing the company’s future success in Virginia.”

Virginia Economic Development Partnership worked with Arlington County to secure the project for Virginia. Governor McAuliffe approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Arlington County with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.

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