Growth leadership NOVEC recently appointed Kristen Senechal as president and CEO in January 2025, signaling potential strategic shifts and renewed focus on modernization, partnerships, and member value that could open opportunities for technology upgrades, energy services, and scalable solutions.
Expansion and scale The organization expanded facilities in Virginia in late 2024 and operates a biomass power facility, indicating ongoing capacity growth and diversification of energy resources—a cue for proposals around infrastructure modernization, efficiency analytics, and distributed energy resource integration.
Renewables partnership NOVEC has engaged in renewable energy investments and O&M partnerships with DESRI and PIC Group, suggesting openness to additional contract manufacturing, asset management, maintenance services, and renewable project optimization opportunities.
Digital backbone With a tech stack including AWS, Azure, SQL Server, The Trade Desk, and enterprise tools like QuickBooks and UKG, NOVEC shows readiness for cloud-based analytics, ERP enhancements, workforce optimization, and data-driven customer engagement initiatives.
Financial scale As Virginia’s largest electric cooperative serving over 180,000 customers with annual revenue in the hundreds of millions, NOVEC is a substantial potential partner for large-scale IT, cybersecurity, utility optimization, and sustainability solution providers seeking enterprise-grade collaborations.