Stifel Financial Corp. announced the launch of a new Project Finance platform on May 5 2026, led by Managing Directors Bret Turner and Sayoji Goli. The platform will offer development loans, construction‑to‑term loans, interest‑rate swaps, depository services, and investment‑banking advisory to sponsors in the energy and industrial sectors.
The initiative builds on Stifel’s integrated banking model, which couples wealth management, investment banking and commercial lending. By adding project‑finance capabilities, Stifel aims to capture the growing demand for clean‑energy and infrastructure capital, complementing its Energy Tech and Deep Tech teams and positioning the firm to serve sponsors from early‑stage development through commercialization.
Turner, who founded and scaled a project‑finance platform at Silicon Valley Bank before its acquisition by First Citizens Bank, and Goli, who joined from First Citizens where they worked together for over a decade, will lead the new platform. Their experience is expected to accelerate Stifel’s ability to finance infrastructure across the energy and industrial sectors.
Stifel CEO Chris Reichert said, "These key hires significantly enhance Stifel's ability to finance infrastructure across the energy and industrial sectors." The company also highlighted that the platform will integrate with its venture banking, fund banking and capital markets capabilities, allowing it to support sponsors from early‑stage development through commercialization.
The launch is part of Stifel's broader strategy to deepen client relationships and diversify revenue sources. The firm’s Q1 2026 earnings showed strong revenue growth and robust margins, providing a solid foundation for the new initiative. The platform is expected to generate additional fee‑based and net‑interest income streams as it expands into the growing clean‑energy and infrastructure financing market.
Stifel, founded in 1890 and headquartered in St. Louis, operates over 400 offices across the United States and in major global financial centers. The new project‑finance platform positions the firm to capture a larger share of the infrastructure financing market and to support the transition to a cleaner, more digital economy.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.