Posts tagged with
John Hancock Life Insurance

Enviva Announces Off-Take Contracts With Mitsubishi Corporation

Enviva announced that the conditions precedent to the organization’s previously announced take-or-pay off-take contracts to supply 630,000 metric tons per year (MTPY) of wood pellets to a major Japanese customer have been satisfied and the agreements are now firm. Under the terms of the agreements with Mitsubishi Corporation, Enviva will be the exclusive, long-term imported […]

Enviva To Buy South Carolina Wood Pellet Plant, Build Mississippi Port

A company that makes wood pellets and sells them to power plants overseas says it’s forming a new joint venture with an insurance company to buy a plant in South Carolina and build a port in Mississippi. Enviva Holdings of Bethesda, Maryland, recently announced the deal with the John Hancock Life Insurance Co. The joint […]

Enviva Acquires Virginia Wood Pellet Plant For $131 Million

Biomass producer Enviva Partners LP has acquired the fully-contracted Southampton County, Virginia plant for $131 million. Acquired from Enviva’s sponsor’s joint venture with affiliates of John Hancock Life Insurance Co., the Southampton plant has an annual pellet production capacity of 510,000 metric tons. The purchase was financed with $36.5 million in debt, $15.0 million in […]

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