In Maryland, Enviva, LLC announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the company’s strategic transformation. Enviva is well-positioned for long-term growth and consistent operating performance, allowing the company to serve its customers as a market leader and critical partner in meeting their demand for renewable fuel. Enviva’s Plan […]
In Maryland, Enviva Inc. has entered into two Restructuring Support Agreements: one RSA with an ad hoc group of holders representing approximately 72% of its senior secured credit facility, approximately 95% of its 2026 senior notes, approximately 78% of bonds related to its Epes, Alabama plant currently under construction, and approximately 45% of bonds related […]
In Maryland, the Wall Street Journal reports the largest wood pellet exporter in the US, Enviva, is filing for bankruptcy following a bad move on the futures market that led to hundreds of millions of dollars in losses. It forced the company to miss a $24 million interest payment to bondholders earlier this month, although […]
