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Financial woes mounting for WV-backed ARCH2 partner amid multimillion-dollar debts

Summary by Charleston Gazette-Mail
There are financial warning signs throughout the business portfolio of a company behind a West Virginia Economic Development Authority-backed partner and in a federally supported regional hydrogen energy hub that has filed for bankruptcy. The company is Follansbee, Brooke County-based Empire Diversified Energy, and the hydrogen hub is the Appalachian Regional Clean Hydrogen Hub, which has been supported by the U.S. Department of Energy but faces…

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Charleston Gazette-MailCharleston Gazette-Mail
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Financial woes mounting for WV-backed ARCH2 partner amid multimillion-dollar debts

There are financial warning signs throughout the business portfolio of a company behind a West Virginia Economic Development Authority-backed partner and in a federally supported regional hydrogen energy hub that has filed for bankruptcy. The company is Follansbee, Brooke County-based Empire Diversified Energy, and the hydrogen hub is the Appalachian Regional Clean Hydrogen Hub, which has been supported by the U.S. Department of Energy but faces…

·Charleston, United States
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Charleston Gazette-Mail broke the news in Charleston, United States on Wednesday, December 31, 2025.
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