Va. Dem Gov. Candidate Tom Perriello Profits Off Pipeline Project He Opposes

Currently owns between $5,001 and $50,000 in stock of Fluor Corporation

Tom Perriello
Tom Perriello / Getty Images
April 7, 2017

Tom Perriello, a Democratic candidate for governor in Virginia, is profiting off a pipeline project that he opposes, a review of his ethics disclosure form shows.

Perriello, a former congressman from Virginia's fifth congressional district, filed a required state and local statement of economic interests ethics disclosure on March 29 that shows he owns stock valued between $5,001 and $50,000 in the Fluor Corporation, a Texas-based engineering and construction company that provides services in energy, mining, and construction.

"Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide," the company's overview reads. "It operates through four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Maintenance, Modification & Asset Integrity (MMAI); and Government."

Perriello has come out in strong opposition against two natural gas pipelines on the campaign trial including Dominion Virginia Power's proposed Atlantic Coast Pipeline, an interstate natural gas pipeline that would serve Virginia and North Carolina.

"Today, I join the bipartisan coalition of Virginians opposed to the Atlantic Coast and Mountain Valley pipelines," Perriello wrote Feb. 8 in a Medium post. "I promise, if elected governor, to use all available powers to prevent these projects from proceeding. After careful consideration of all publicly available information, I believe Virginians deserve better than outdated policies that waste $8.6 billion on an unproven need and transport fracked gas across breathtaking streams and landscapes, imposing the risks on Virginia landowners and ratepayers."

Perriello assured voters on Feb. 9 that he would not "take one dime" in campaign contributions from Dominion. "I will not take one dime from Dominion, but I will sit down with them any time to talk about pragmatic solutions that move us forward," Perriello said during a press conference.

The Fluor Corp. has been awarded a contract by Dominion to engineer and construct its Brunswick County, Va., power station. The station plans to receive natural gas delivered by the Atlantic Coast Pipeline.

Dominion has already constructed a power plant in a county that Perriello represented during his time in Congress. Fluor completed the construction of the Bear Garden Generating Station, another Dominion power plant, in 2011. The power station is located in Buckingham County, Va.

Construction on the plant began in the spring of 2009 as Perriello was representing the county as a member of Congress. The supplier to the Bear Garden station, Columbia Gas of Virginia, has agreed to purchase transmission capacity on the Atlantic Coast Pipeline.

Additionally, Fluor is constructing Dominion's Greenville County power station. The group is performing design and assembly of the stations pipe racks.

Fluor also constructs offshore oil drilling rigs and uranium mine infrastructure. Perriello, who was in favor of offshore drilling during his time in Congress, shifted his stance this election cycle and said that he has "always been skeptical" of the practice.

Perriello came under fire in February after video footage obtained by the Washington Free Beacon was released showing the candidate describing Donald Trump's election as a "political and constitutional September 11."

The Fluor Corp. has expressed interest in designing and building President Trump's proposed border wall with Mexico.

Perriello's campaign did not return a request for comment on the stock by press time.

Published under: Tom Perriello , Virginia