Enviva Partners

Enviva Partners, based in Bethesda, Maryland, specializes in producing and selling utility-grade wood pellets, primarily serving power generators in the United Kingdom, Europe, and Japan. Established in 2013, the company develops, constructs, acquires, and operates fully contracted wood pellet production plants, where it processes wood fiber into dry, densified pellets. These pellets serve as a sustainable alternative to coal and other fossil fuels in dedicated and co-fired power generation, as well as in combined heat and power plants. Enviva's business model includes selling term, take-or-pay, and off-take contracts to creditworthy customers, supporting their transition to cleaner energy sources. The company derives a significant portion of its revenue from customers in Europe, highlighting its role in promoting sustainable energy solutions on a global scale.