Viridis Merchants secures approximately 30,000 tons of annual pellet supply from Southeast U.S. producer
In Canada, Viridis Merchants has structured its first transaction and has secured approximately 30,000 tons of wood pellets from a southeast U.S. producer, representing approximately 30% of the manufacturer’s capacity, to be delivered over the next 12 months to customers in Europe.
Viridis Merchants is serving as a principal in the trade, providing value-add services such as logistics and marketing to the producer. The first shipment has left port and is headed to the residential market in Europe. This transaction will generate approximately $8 million in annual revenue.
Category: Fuels
