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Business & Tech

Limetree Bay Refinery Prepares To File For Bankruptcy

Limetree is preparing to file for bankruptcy after shutting down operations on St. Croix.

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Ashleigh Baldwin, Neighbor
The refinery announced it was shutting down in June.
The refinery announced it was shutting down in June. (Ashleigh Baldwin)

ST. CROIX, USVI — Limetree Bay Energy, the company behind Limetree Bay Refinery, is preparing for a bankruptcy filing, according to Bloomberg Law. Limetree Bay shut down operations in June due to re-occuring operational issues.

As reported by Bloomberg, the energy company is seeking debtor-in-possession financing that will potentiallly help it restructure in bankruptcy court.

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