Goldman Sachs pulls out of coal terminal

Photo: Clipart.com

Goldman Sachs pulls out of coal terminal

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.

Play Bob Watters on terminal plans

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.

Play Crina Hoyer on efforts

A Mexican investor replaces Goldman Sachs.