Published 2 months ago

Enviva files for bankruptcy

Summary by Ground News

Maryland-based Enviva said in the filing that its debts exceed $2.6 billion. A pre-arranged restructuring plan aims to reduce that debt by approximately $1 billion. The company's 10 plants, including the one in Sampson, will stay operational.

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Sampson Independent

Enviva files for bankruptcy

The largest global industrial wood pellet supplier, with a plant in Sampson County, filed for Chapter 11 bankruptcy protection on Wednesday, announcing its intention to cut about $1 billion of debt by restructuring agreements with creditors, including those who have invested heavily in new facilities. Maryland-based Enviva said in the filing that its debts exceed $2.6 billion. Source

2 months ago·Clinton, United States

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Enviva files for bankruptcy

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Enviva files for bankruptcy

Enviva files for bankruptcy

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