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Latest News in Project Finance
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July 29, 2026
A Goldman Sachs banker told a New York federal jury how Goldman bailed on backing what prosecutors say was a corrupt deal for a Turkish energy company to bribe Ghanaian officials for a power plant contract, a scenario Goldman uses in compliance training as an example of what to avoid.
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July 29, 2026
A Tenth Circuit panel said a Wyoming federal judge erred when she ordered Bridger Coal Co. to recalculate royalty payments to Wildcat Coal LLC going back to 1986 in a dispute over payments between 2016 and 2020.
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July 29, 2026
Europe's executive branch has opened an investigation to determine whether a €42.2 million ($48 million) arbitral award issued to renewable energy investors in 2024 after Romania nixed financial incentives for such projects violates the bloc's state aid rules, according to a notice Wednesday.
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July 28, 2026
The government's foreign bribery case accusing a former Goldman Sachs banker of paying off Ghanaian officials to secure a lucrative energy deal is a lot like Milli Vanilli, his lawyer told a New York jury Tuesday, arguing that much like lipsynced songs of the fake late-1980s-era pop duo, prosecutors' version of events is not what it appears to be.
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July 28, 2026
The Federal Communications Commission says it has banned one of the nation's biggest Lifeline providers from participating in the subsidy program after uncovering widespread violations of the program's rules, including a practice of transferring people back after they switched their service to another provider.
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