Bankruptcy judge to approve $62 MM Limetree Bay sale to Jamaican company
12/22/2021 7:25:51 AM
A U.S. bankruptcy judge on approved the $62 MM sale of Limetree Bay refinery to a Jamaican oil storage company, the judge said on Tuesday.
The company, West Indies Petroleum, was named the winning bidder on Saturday by Limetree after a second auction was conducted over the weekend.
The winning bidder of the first auction, St. Croix Energy, was named the backup bidder for the refinery.
(Reporting by Laura Sanicola Editing by Chris Reese)
Comments