philadelphia energy solutions owner

PHILADELPHIA ENERGY SOLUTIONS INC : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Nyse: | Nyse Philadelphia Energy Solutions has 2 offices. Chicago-based Hilco Redevelopment Partners is now officially the owner of the former Philadelphia Energy Solutions refinery complex in Southwest Philadelphia. Philadelphia Energy Solutions Inc. owns, operates, and manages oil refineries. How many offices does Philadelphia Energy Solutions have? By Joelle Simonpietri Special to The Digest On Jan 21st 2018, Carlyle-backed Philadelphia Energy Solutions (PES), the largest refinery complex on the U.S. east coast at 335,000 barrels per day, filed for Chapter 11 bankruptcy, blaming Renewable Fuel Standard (RFS) compliance costs. Under a deal Philadelphia Energy Solutions (PES) signed in 2015, the refiner paid minimum quarterly payments of $30 million to terminal owner North Yard Logistics LP – even if little crude arrived. Bankrupt Philadelphia Energy Solutions has agreed to sell its shuttered South Philly refinery complex to a Chicago development company with experience repurposing old industrial properties for new uses, likely marking an end to the site’s 150-year-old history as a petroleum refinery. Learn about Craft real-time company insights. The … Learn about Craft real-time company insights. Receive alerts for 300+ data fields across thousands of companies. The company's refineries process approximately 335,000 barrels of crude oil per day (42 U.S. gallons per barrel), making it the largest oil refining complex on the U.S. Eastern seaboard. In the week since the filing, the Washington Examiner reports several other small… Several key parties, including former owner Sunoco Inc., filed protests Monday of the proposed Philadelphia Energy Solutions bankruptcy reorganization, complicating a scheduled Thursday confirmation hearing that could include the sale of the refinery complex, shut down since a … Much of that cash, in turn, flowed to the investors that own both PES and North Yard, led by the Carlyle Group, a global private equity firm with $178 billion in assets. Philadelphia Energy Solutions has an office in Philadelphia. Operator of two domestic refineries - Girard Point and Point Breeze in South Philadelphia. Philadelphia Energy Solutions General Information Description.

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