Southeast

Construction continues on new nuclear power plants in Georgia and South Carolina after the Westinghouse bankruptcy, but the Chapter 11 filing raises concerns for investors in the units, including public power utilities who issued billions in municipal debt.

A sweeping tax reform plan presented by Louisiana Gov. John Bel Edwards Wednesday met with immediate resistance from businesses that stand to see some of the biggest changes.

All Aboard Florida is assuring supporters of the private passenger train project that it will move forward despite the sales of its owner and an affiliate and pending legislation that the company says could jeopardize expansion plans.

Atlanta’s water and sewer bonds won a one-notch rating boost to Aa2 from Moody's Investors Service ahead of a $232 million refunding deal scheduled to price April 25.

U.S. nuclear contractor Westinghouse reportedly could file for bankruptcy by Friday, Reuters said, casting new doubt on public power providers that issued municipal bonds for nuclear plants in Georgia and South Carolina.

Bill raising Tennessee gas tax paves way for Nashville vote on sales tax for transit.

South Carolina-based Pope Flynn hired public finance tax attorney Marc Oberdorff to serve as senior counsel in the firm’s Columbia office, the firm announced.

Louisiana was not penalized by the market after its third rating downgrade in a year, getting strong bids for this week’s general obligation bond pricing.

Heightened concern about a potential Westinghouse bankruptcy filing resulted in negative outlooks on municipal bonds issued for new nuclear units the company is building in Georgia and South Carolina.

Jefferson County can refinance $500 million of outstanding limited-obligation school warrants, the Alabama Supreme Court ruled in a decision that could put the county in the bond market by mid-year.