Enviva Inc
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Enviva Partners LP manufactures and supplies utility-grade wood pellets, primarily to power generators. The company sells the majority of its wood pellets through long-term, take-or-pay off-take contracts to customers worldwide. Founded in 2013, Enviva has its headquarters in Bethesda, Maryland. Enviva procures wood fibre for processing into utility-grade wood pellets. The finished wood pellets are transported via railcars, trucks, and barges to deep-water marine terminals for loading onto oceangoing vessels for delivery. The company's serves credit-worthy customers in the UK, Europe and Japan. The company's products are used as a more environmentally friendly substitute for coal in power generation, as well as combined heat and power plants. Listed on the NYSE, Enviva is traded under the ticker EVA. As of December 2021, Enviva is the world's largest producer of sustainable wood pellets, which offer a low-carbon alternative to fossil fuels. Enviva Partners GP, LLC operates as the general partner of Enviva Partners, LP. As of 10 December 2021, the company owns and operates 10 plants with a combined production capacity of approximately 6.2 million metric tons per year. Enviva's plants are located in Georgia, Florida, Virginia, North Carolina, South Carolina, and Mississippi. Monitor the latest EVA share price movements by adding it to your eToro watchlist.
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