Enviva facing significant financial losses
1 Articles
1 Articles
Enviva facing significant financial losses
A spate of news articles have questioned the financial viability of Enviva, the world’s largest producer of wood pellets. Enviva has ten manufacturing plants across the Southeast, with four in North Carolina, which includes their plant in Hamlet. “Enviva reported a net loss of $85.2 million in the third quarter of this year, compared with an $18.3 million loss in the third quarter of 2022,” reports NC Newsline. “Even though the company sold mor…
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