KGMI News Reporting
By Tracy Ellis
BELLINGHAM, Wash. – Goldman Sachs has sold its sizable stake in the company proposing to build a coal export terminal at Cherry Point.
SSA Marine Vice President, Bob Watters says the ownership change won’t affect plans for the terminal.
Terminal opponents say it signals that Wall Street isn’t sold on coal exporting.
Crina Hoyer with ReSources for a Sustainable Community says opponents efforts are paying off.
A Mexican investor replaces Goldman Sachs.