West Virginia

A court’s refusal to block the federal Clean Power Plan rule is a credit negative for big coal-fired generators, cities that issued bonds to finance units, and for coal-dependent states, Moody's Investors Service said.

West Virginia’s credit outlook has turned negative due to pressures from energy sector layoffs and the state’s rising unemployment rate, according to Moody's Investors Service.

Pennsylvania Gov. Tom Wolf joined a three-year cooperation agreement with West Virginia and Ohio to collaborate on areas critical to maximizing shale gas region growth.