Enviva to start production at new Hamlet pellet plant
A few days ago, the US pellet producer Enviva Partners started pellet production in the newly built 600,000 t pellet plant of Enviva Pellets Hamlet LLC. A drop-down process is currently underway for the Hamlet plant. Enviva will pay a total of US$ 165m to its joint venture partnerJohn Hancock Life Insurance. At the closing of the agreements at the beginning of April, US$ 75m was already due, which was settled in the form of 1,681,238 shares at US$ 29.74 each and US$ 25m in cash. With the start of regular ...
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