In Charleston, West Virginia, Governor Patrick Morrisey announced that the state has attracted nearly $4.2 billion in private-sector energy investments and over 4,200 new jobs in the past month.
“West Virginia is asserting itself as a dominant force in American energy,” said Governor Morrisey. “We’re not just keeping the lights on – we’re powering the future of manufacturing, data, and innovation across the country.”
Of the total investment announced, only $1 million comes from state funds. This represents about 0.02% of the total and is structured to be repaid.
“Good companies want to come to West Virginia – they don’t need to be bought,” Governor Morrisey said. “We’ve created the right environment for investment: abundant energy, a skilled workforce, and a government that gets out of the way.”
The governor’s office stated these developments follow the launch of his “50 by 50” initiative. The program aims to increase West Virginia’s baseload generation capacity to 50 gigawatts by 2050.
Governor Morrisey indicated that more announcements are expected as West Virginia continues efforts to attract global energy leaders and advanced manufacturers.
