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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.
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.
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.
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.
Enviva is one of the largest suppliers of wood pellets and other processed woody biomass in the world. These products are used by industrial customers. [ 18 ] The AES Corporation and Riverstone Holdings LLC announced on March 25 that they have committed up to 1 billion as a part of a new joint venture to develop a global platform of utility ...
Pages in category "Companies that have filed for Chapter 7 bankruptcy" The following 167 pages are in this category, out of 167 total.
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 ...
Companies that filed for Chapter 11 bankruptcy in 2018 (1 C, 107 P) Companies that filed for Chapter 11 bankruptcy in 2019 (92 P) Companies that filed for Chapter 11 bankruptcy in 2020 (189 P)