PBF Energy Sells Philadelphia and Knoxville Terminal Assets for $175 Million

Reuters
Oct 01, 2025
<a href="https://laohu8.com/S/PBF">PBF Energy</a> Sells Philadelphia and Knoxville Terminal Assets for $175 Million

PBF Energy Inc. announced the completion of the sale of two refined product terminal facilities in Philadelphia, PA, and Knoxville, TN, for $175 million in cash. The assets, including 38 storage tanks with a total capacity of approximately 1.9 million barrels and associated truck racks, were sold through a subsidiary of PBF Logistics LP. The transaction closed on September 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PBF Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY87406) on September 30, 2025, and is solely responsible for the information contained therein.

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