The Chicago-based real estate developer won the bid to acquire the 1,300-acre refinery that was the site of an explosion and fire back in June.
Judge to approve Philadelphia Energy Solutions refinery sale on Thursday
A judge formally approved the sale Thursday afternoon.
Philadelphia Energy Solutions shut down following a June 21, 2019 fire and explosion and declared bankruptcy shortly after.
The refinery was the largest oil-processing facility on the East Coast and had been in operation for 150 years.
Philadelphia Energy Solutions files for bankruptcy after refinery explosion and fire