It filed for bankruptcy in January 2018. Moody's Org ID: 823348024. Philadelphia Energy Solutions Inc. owns, operates, and manages oil refineries. Market Segment: Corporates.

The Philadelphia Energy Solutions refinery exploded June 2019. LEI: 54930012F472E84XFV22. Philadelphia Energy Solutions has filed for bankruptcy protection for the second time in a year and a half.

Philadelphia Energy Solutions R&M LLC. 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.

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. PES Holdings, a unit of Philadelphia Energy Solutions and owner of the refinery, has experienced some financial challenges in the past. In the week since the filing, the Washington Examiner reports several other small… Moody's assigns Ba2 rating to Philadelphia Energy Solutions R&M's DIP Facility.

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