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Enviva Inc. is the world's largest producer of wood pellets used for energy production. The company has been the subject of controversy regarding its sustainability with an environmental group's analysis suggesting Enviva is responsible for 50 acres a day of clear-cut land and significantly increased CO 2 production compared to coal per megawatt-hour.
The bankruptcy follows months of turmoil as Enviva’s stock price plummeted by more than 90 percent, leading to warnings that the company could be delisted from the New York Stock Exchange.
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The company, which operates four mills in Eastern N.C., filed for Chapter 11 bankruptcy last week, stating that it had debts of more than $2.6 billion.
Wood pellets produced at the Enviva plant in Northampton County, N.C., seen on Sept. 3, 2019. Enviva, the world’s largest producer of wood pellets, declared bankruptcy this week.
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2025" The following 16 pages are in this category, out of 16 total. This list may not reflect recent changes .
After months of economic uncertainty, the world's biggest wood-to-energy company with a significant economic footprint in Eastern North Carolina has filed for bankruptcy. Late Tuesday, Enviva ...
Maryland-based Enviva said in the filing that its debts exceed $2.6 billion. The company owes $780 million to a Delaware bank, $348 million to a German energy company, as well as $353 million in ...