Full-Time
Posted on 2/21/2025
Produces sustainable wood pellets for energy
Entry, Junior
Greenwood, SC, USA
You match the following Enviva's candidate preferences
Employers are more likely to interview you if you match these preferences:
Enviva Biomass produces sustainable wood pellets that serve as a low-carbon alternative to fossil fuels like coal. The company sources its raw materials from low-value wood, such as treetops and limbs, which are by-products of the forestry industry. This not only reduces waste but also promotes sustainable forest management. Enviva sells these wood pellets to power plants and energy producers aiming to lower their carbon emissions, helping them meet regulatory and sustainability goals. The company operates on a business model that relies on long-term contracts, ensuring stable revenue. Additionally, Enviva is committed to community empowerment by creating energy jobs and contributing to local economic development. Recognized for its sustainability efforts, Enviva has received several accolades, including the title of the most sustainable biomass company in the 2021 World Finance Sustainability Awards.
Company Size
501-1,000
Company Stage
IPO
Total Funding
$397M
Headquarters
Bethesda, Maryland
Founded
2004
Help us improve and share your feedback! Did you find this helpful?
Hybrid Work Options
LIVINGSTON, Ala. (WTOK) - West AlabamaWorks is hosting a hiring event, in partnership with Enviva, Wednesday, Nov. 20, from 1 p.m. to 5 p.m. at the Livingston Civic Center, 101 Country Club Road in Livingston.
BETHESDA, Md., April 8, 2024 /PRNewswire/ -- Enviva Inc. (NYSE: EVA) ("Enviva" or the "Company") today announced that on April 2, 2024, the Company received notice from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission (the "SEC").The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE informed the Company that, under the NYSE's rules, the Company will have six months from April 1, 2024 to file the Form 10-K with the SEC. The Company can regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC before such date. If the Company fails to file the Form 10-K within the six-month period, the NYSE may, in its sole discretion, grant an extension of up to six additional months for the Company to regain compliance.As previously reported in the Company's Notification of Late Filing on Form 12b-25 filed with the SEC on March 15, 2024 (the "Form 12b-25"), the Company was unable to file the Form 10-K within the prescribed period because on March 12, 2024, the Company and certain of its subsidiaries filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code (the "Chapter 11 Cases") in the U.S
Enviva: court approves $500 million DIP financing.
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”), a leading producer of sustainably sourced wood-based biomass, today announced that the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”) approved, among other matters, its previously announced $500 million debtor-in-possession financing (the “DIP Facility”) pursuant to the Debtor-in-Possession Credit and Note Purchase Agreement (the “DIP Facility Agreement”) and the procedures and related materials that will govern the syndication of the DIP Facility. Pursuant to the DIP Facility Agreement, the Company intends to offer certain holders of shares of the Company’s Common Stock, par value $0.001 (CUSIP 29415B103) (the “Common Stock”) as of March 11, 2024 (the “Record Date” and such holders, the “Holders”) the opportunity (the “Opportunity”) to subscribe to participate in the syndication of the DIP Facility. To be eligible to participate in the Opportunity, each Holder must be (i) an institutional accredited investor within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act or an entity in which all of the equity investors are such institutional accredited investors, (ii) a beneficial owner of Common Stock as of the Record Date, and (iii) not the Company (an “Eligible Holder”). An Eligible Holder may designate another entity that is a partner, affiliate, or related party of such Eligible Holder to be a subscriber in the Opportunity (a “Permitted Designee”)
A Bethesda-based biofuel producer that is the world’s largest exporter of wood pellets, has filed for Chapter 11 bankruptcy protection some four months after first warning that its future as a company was in doubt.