Port of Wilmington (Delaware)

Historic Quartermaster Campus to Convert to the Quartermaster Science + Technology Park

Retrieved on: 
Tuesday, January 31, 2023
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Philadelphia's Quartermaster Science + Technology Park will include wet and dry lab spaces for life science companies.

Key Points: 
  • Philadelphia's Quartermaster Science + Technology Park will include wet and dry lab spaces for life science companies.
  • "The Quartermaster Science + Technology Park is a transformational project for an area of Philadelphia ripe for redevelopment," said Vered Nohi, Regional Executive Director, New Business Development, SkyREM at Quartermaster.
  • The Quartermaster Science + Technology Park campus includes 24 acres with six acres of green space, creating a park-like setting.
  • The Quartermaster Science + Technology Park campus includes six buildings for a total of one million square feet of space, including wet and dry labs for research and development.

Enviva’s Statement Regarding the Dutch Parliament’s Motion on Sustainably Sourced Biomass

Retrieved on: 
Friday, January 6, 2023
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Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, today issued the following statement regarding the Dutch Parliament’s motion on sustainably sourced biomass:

Key Points: 
  • Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, today issued the following statement regarding the Dutch Parliament’s motion on sustainably sourced biomass:
    Enviva fully supports the principle that financial assistance should only be provided for woody biomass that is sourced sustainably.
  • The motion passed in Dutch Parliament in mid-December 2022 requests that the Dutch government ensure that subsidies are not awarded to parties that do not comply with sustainability criteria through proper certification.
  • Enviva is in full compliance with the sustainability criteria, which requires extensive independent auditing and certification.
  • "We have the utmost confidence that the wood pellets we deliver into the Netherlands meet the Dutch sustainability criteria," said Thomas Meth, President and Chief Executive Officer of Enviva.

Enviva Celebrates Hoke Community Forest Restoration Project with the Planting of Longleaf Pine in North Carolina

Retrieved on: 
Friday, December 9, 2022
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View the full release here: https://www.businesswire.com/news/home/20221209005109/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221209005109/en/
    The community shows support for Hoke Community Forest by planting Longleaf seedlings on Saturday (12/3).
  • (Photo: Business Wire)
    The large parcel of land, known as Hoke Community Forest, is one of a few community forests in the U.S. Southeast.
  • Hoke Community Forest is owned by Hoke County and is managed for the financial benefit and recreational use of the citizens of Hoke County.
  • The Hoke Community Forest Restoration Project serves as an archetype of the type of restoration projects Enviva engages with and supports, as is Envivas five-year partnership with The Longleaf Alliance which assists with the implementation of Envivas longleaf forest restoration plan and serves as a critical step in the longleaf restoration process across North Carolina.

Enviva and GreenTrees Partner to Remove 90,000 Metric Tons of CO2e through Afforestation and Nature-Based Carbon Removal Credit Programs in Southeastern U.S.

Retrieved on: 
Thursday, December 1, 2022
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We are excited to partner with GreenTrees to help minimize our net carbon emissions and implement local solutions to meet net-zero goals, said Thomas Meth, President and CEO of Enviva.

Key Points: 
  • We are excited to partner with GreenTrees to help minimize our net carbon emissions and implement local solutions to meet net-zero goals, said Thomas Meth, President and CEO of Enviva.
  • The afforestation of this land will not compete with lands used for agricultural and food sources, but will revitalize the land and serve as permanent carbon removal.
  • Its an honor to partner with Enviva and work alongside a company on their path to net zero, said Chandler Van Voorhis, co-founder and managing partner of GreenTrees.
  • Enviva is focused on high-quality carbon credit projects that promote afforestation and reforestation in the companys region of operations, as well as projects that remove carbon from the atmosphere and enhance local carbon stocks.

Enviva Celebrates Its Recently Opened Terminal at the Port of Pascagoula with Ceremonial Ribbon Cutting

Retrieved on: 
Wednesday, November 30, 2022
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Today, Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS).

Key Points: 
  • Today, Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS).
  • Since 2019, the Port Authority and Enviva have invested over $90 million to build the terminal at the Port of Pascagoula which can receive product by rail, barge, and truck as well as support Panamax-sized vessels.
  • To date, Enviva employs nearly 30 people at the Port of Pascagoula and indirectly supports more than 400 jobs across Jackson, Harrison, and George Counties.
  • Enviva has been a great partner in developing and opening the terminal at the Port of Pascagoula, further connecting the Magnolia State to international markets, said Port Director Mark McAndrews.

Enviva Selected As A 2022 “Enlightened Growth Leadership” Award Recipient, Frost & Sullivan Institute’s Highest Sustainability Recognition

Retrieved on: 
Tuesday, November 22, 2022
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Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced wood biomass, has been recognized as a 2022 Enlightened Growth Leadership award recipient by The Frost & Sullivan Institute (FSI).

Key Points: 
  • Enviva Inc. (NYSE: EVA), the worlds leading producer of sustainably sourced wood biomass, has been recognized as a 2022 Enlightened Growth Leadership award recipient by The Frost & Sullivan Institute (FSI).
  • The Enlightened Growth Leadership award is the only recognition of its kind that measures and evaluates companies based on the synergy between growth, Environmental, Social, and Governance (ESG), and Corporate Sustainability Reporting (CSR).
  • This award underscores Envivas relentless commitment to caring about people and our communities, fighting climate change, and displacing fossil fuels, said Thomas Meth, President and CEO at Enviva.
  • This years list of Enlightened Growth Leadership award recipients represents approximately the top 1% of all companies globally that FSI has identified as moving the world in the right direction.

Enviva Prices $100 Million in Tax-Exempt Green Bonds

Retrieved on: 
Thursday, November 17, 2022
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Enviva Inc. (NYSE: EVA) (Enviva or the Company) today announced that it has priced $100,000,000 of bonds in the U.S. tax-exempt market (the Bonds or the Tax-Exempt Green Bonds and such offering, the Offering) through the Mississippi Business Finance Corporation (the Issuer).

Key Points: 
  • Enviva Inc. (NYSE: EVA) (Enviva or the Company) today announced that it has priced $100,000,000 of bonds in the U.S. tax-exempt market (the Bonds or the Tax-Exempt Green Bonds and such offering, the Offering) through the Mississippi Business Finance Corporation (the Issuer).
  • The Tax-Exempt Green Bonds will bear interest at an annual rate of 7.75% and mature in 2047, with the option for holders to redeem at par in 2032.
  • Enviva and the Issuer expect to close the transaction on or about November 22, 2022, subject to customary closing conditions.
  • Enviva estimates that the net proceeds of this Offering will be approximately $98,000,000, after deducting the underwriters discount and other transaction-related costs.

Enviva Highlights Support for its Sustainable Forestry Practices from Independent Regional Forestry Associations

Retrieved on: 
Thursday, November 17, 2022
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We are grateful that our partners recognize Envivas sustainable practices, which help to ensure the long-term health and productivity of the forests in the region.

Key Points: 
  • We are grateful that our partners recognize Envivas sustainable practices, which help to ensure the long-term health and productivity of the forests in the region.
  • The first letter of support was sent on behalf of several U.S. forestry associations, including the Alabama Forestry Association; American Loggers Council; Carolina Loggers Association; Florida Forestry Association; Forest Resources Association; Forestry Association of South Carolina; Georgia Forestry Association; Mississippi Forestry Association; Mississippi Loggers Association, North Carolina Forestry Association; South Carolina Timber Producers Association; Virginia Forestry Association and Virginia Loggers Association.
  • The additional two letters of support came from the Mississippi Forestry Association and the Georgia Forestry Association .
  • Enviva is a model for sourcing sustainably harvested, certified fiber in accordance with silvicultural best management practices.

Enviva Announces Tax-Exempt Green Bond Offering

Retrieved on: 
Monday, November 14, 2022
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Enviva Inc. (NYSE: EVA) (Enviva, the Company, or the Borrower) today announced that the Mississippi Business Finance Corporation (the Issuer), intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the Bonds and such offering, the Tax-Exempt Green Bond Offering or the Offering) in the aggregate principal amount of $100,000,000 (preliminary and subject to change).

Key Points: 
  • Enviva Inc. (NYSE: EVA) (Enviva, the Company, or the Borrower) today announced that the Mississippi Business Finance Corporation (the Issuer), intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the Bonds and such offering, the Tax-Exempt Green Bond Offering or the Offering) in the aggregate principal amount of $100,000,000 (preliminary and subject to change).
  • The proceeds of the Offering will be loaned to Enviva pursuant to a Loan and Guaranty Agreement (the Loan Agreement) to fund a portion of the costs of acquiring, constructing, equipping, and financing Envivas wood pellet production plant to be located near Bond, Mississippi and certain related costs thereto, and to pay costs and expenses of the Offering.
  • Enviva is planning to commence construction of its 12th plant, near Bond, Mississippi, in early 2023.
  • Enviva cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Enviva.

Thomas Meth Appointed Chief Executive Officer of Enviva

Retrieved on: 
Monday, November 14, 2022
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Enviva Inc. (NYSE: EVA) (Enviva, our, we, or the Company) today announced that Thomas Meth, Envivas President, has been appointed the Companys Chief Executive Officer and will become a member of Envivas board of directors (the Board), while retaining his title as President.

Key Points: 
  • Enviva Inc. (NYSE: EVA) (Enviva, our, we, or the Company) today announced that Thomas Meth, Envivas President, has been appointed the Companys Chief Executive Officer and will become a member of Envivas board of directors (the Board), while retaining his title as President.
  • The Company also announced that John Keppler, Chairman and Chief Executive Officer, is expected to assume the role of Executive Chairman, consistent with the succession plan developed by the Board.
  • The Board and I are delighted that Thomas Meth will serve as our next CEO.
  • All of us at Enviva wish John the best as he prioritizes his health and full recovery, and we look forward to his return as Executive Chairman, said Thomas Meth.