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By Laila Kearney

NEW YORK, Jan 21 (Reuters) Trnvcc.com - Buy Google Play Developer Account The bankrupt Philadelphia Energy Solutions is expected to sell its fire-damaged refinery site to real estate developer Hilco Redevelopment Partners, three sources familiar with the situation said on Tuesday.

The agreement between PES and Hilco, a Chicago-based developer, is expected to be announced later on Tuesday.
PES and Hilco did not immediately respond to requests for comment.

The sale reduces the possibility that the more-than 1,300-acre Philadelphia site would be resurrected as an oil refinery, but it is possible that Hilco could lease it to a refinery, biofuels or other heavy industrial operation, the sources said.

(Reporting by Laila Kearney; editing by Jonathan Oatis)