Jason Gabelman

Manav Gupta

Neil Mehta

Paul Cheng

Ryan Todd

Roger Read

John Royall

Matthew Blair

Connor Fitzpatrick

Conor Fitzpatrick

Douglas George Blyth Leggate

Doug Leggate

Joe Laetsch

John Abbott

Joseph Laetsch

- PBF Energy Inc. announced the **closing of the sale of terminal assets** on **September 30, 2025**.  **[1534504_20250930NY87406:0]** 
- The sale involved **two refined product terminal facilities** located in Philadelphia, PA, and Knoxville, TN.  **[1534504_20250930NY87406:0]** 
- The transaction generated **$175 million in cash** for PBF Energy.  **[1534504_20250930NY87406:0]** 
- The sold assets included **38 storage tanks** with approximately **1.9 million barrels of storage capacity**.  **[1534504_20250930NY87406:0]** 
- PBF Energy's CFO, Karen Davis, stated that the sale monetized **non-core assets** and **increased liquidity** for the company.  **[1534504_20250930NY87406:0]**

PBF Energy Closes Terminal Assets Sale

PBF Energy (PBF)