Southern Environmental Law Center: World's Largest Biomass Wood Pellet Producer Files for Bankruptcy
March 15, 2024
March 15, 2024
CHAPEL HILL, North Carolina, March 15 -- The Southern Environmental Law Center issued the following news release on March 13, 2024:
This week, Enviva, the world's largest producer of biomass wood pellets, declared Chapter 11 bankruptcy. The move comes after a months-long financial crisis that saw Enviva's stock price fall by more than 90 percent, leading to warnings that the company could soon be delisted from the New York Stock Exchange.
"Enviva's financial collap . . .
This week, Enviva, the world's largest producer of biomass wood pellets, declared Chapter 11 bankruptcy. The move comes after a months-long financial crisis that saw Enviva's stock price fall by more than 90 percent, leading to warnings that the company could soon be delisted from the New York Stock Exchange.
"Enviva's financial collap . . .