secwatch.observer — SEC 8-K summary
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Issuer:     PAR PACIFIC HOLDINGS, INC. (PARR)
CIK:        0000821483
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001193125-25-161924
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Par Pacific forms renewable fuels JV with Mitsubishi/ENEOS; $100M cash infusion
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- Alohi (Mitsubishi/ENEOS) acquires 36.5% stake in Hawaii Renewables, LLC for $100M cash.
- Facility at Kapolei Refinery expected to produce ~61M gal/yr of renewable diesel, SAF, naphtha, LPG.
- Construction underway; completion and operational by end of 2025.
- Par Pacific retains remaining interest and will lead execution and operations via Par Hawaii.
- Closing expected H2 2025, subject to regulatory approvals and customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821483/000119312525161924/0001193125-25-161924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821483/000119312525161924/d93285d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-161924

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer