Posts tagged with
John Keppler

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 Announces New Japanese And European Contracts

Enviva Partners has reported its financial results for the second quarter 2018, and announced two major contracts in Europe and Japan. The company has reported net second quarter revenue of $132.1 million, a 3.6% or $4.6 million increase year on year with the second quarter 2017. Enviva has also announced a new 180,000 metric ton […]

Environmental Activist Fund Takes $20 Million Stake In Enviva

Bloomberg is reporting that ValueAct Capital Management has bought $20 million (€16.7 million) in Enviva shares. Enviva’s market capitalization is around $772 million (€647.6 million). The deal was made through the hedge fund’s socially and environmentally focused ValueAct Spring Fund. The fund has previously invested in the power generator AES and education company Strayer Education. […]

Enviva Completes Acquisition Of South Carolina Wood Pellet Plant

Enviva Holdings, LP, the world’s largest producer of industrial wood pellets, announced recently that it, through its previously announced joint venture, Enviva JV Development Company, LLC, has completed the acquisition of a wood pellet production plant in Greenwood, South Carolina and related assets from The Navigator Company, S.A., a Portuguese paper and pulp company. This […]

Enviva’s Latest Track & Trace Data Confirm Southern Forest Growth

Enviva, the world’s largest producer of industrial wood pellets, recently released its latest Track & Trace sourcing data, marking one year of public reporting and two years of tracking the company’s sustainable sourcing practices. These data are a key tool used to measure, maintain and validate the Enviva’s sustainability practices throughout the Southeastern United States. […]

Enviva Unveils Wood Supply Tracking System

Enviva Holdings, wood pellet giant, recently publicly released the first data from its groundbreaking Track & Trace (T&T) program. T&T is a proprietary system that enables Enviva to track every truckload of wood the company procures from the forest back to its source, providing a detailed understanding of the characteristics of the wood the company […]

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 […]

Enviva Applauds EPA On Clean Power Plan

Enviva applauds the steps the U.S. Environmental Protection Agency is taking with the Clean Power Plan and its recognition of the role biomass can play in tackling climate change. “Converting coal-fired plants to dedicated or co-fired biomass plants is one of the quickest and most cost-effective ways of achieving substantial reductions in emissions of carbon […]

Enviva Breaks Ground On Virginia Wood Pellet Plant

The 10-year, sometimes controversial development of the Turner Tract Industrial Park paid off recently. With a shovel in hand, Lt. Gov. Bill Bolling and other officials dug up the first ceremonial scoops of dirt to build Enviva Pellets Southampton. “Thanks for your vision,” Bolling told Southampton County officials, who developed the Rose Valley Road industrial […]

ConocoPhillips, Enviva Form ECo Biomass

Enviva LP has partnered equally with ConocoPhillips to create a new company, ECo Biomass Technologies, which will bring torrefied biomass fuels to market. The company’s initial facility, scheduled to be operational in 2013, will produce wood pellets that will be sold under agreements with major utilities. The torrefaction process involves superheating biomass to create a […]

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