{"id":75121,"date":"2018-02-07T14:35:33","date_gmt":"2018-02-07T14:35:33","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/"},"modified":"2025-09-19T08:47:23","modified_gmt":"2025-09-19T08:47:23","slug":"enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/","title":{"rendered":"Enviva will acquire 500,000t of wood pellets annually from Portuguese company"},"content":{"rendered":"
\n

Navigator, the Portugese forest industrial company, will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to the joint venture between Enviva and\u00a0the John Hancock Life Insurance Company, called\u00a0Enviva JV Development Company, LLC.<\/em><\/p>\n

In a statement, Navigator said that \u201cfaced with a financially attractive divestment opportunity\u201d, it decided to \u201csell the pellet business and related assets, thereby freeing up capital.<\/em>\u201d.\u00a0The sale is, however, subject to certain conditions and regulatory authorizations, and Navigator anticipates that \u201cthe process will be completed during the first half of 2018<\/em>\u201d.<\/p>\n

At the end of 2014, Navigator decided to invest in a pellet plant in Greenwood, South Carolina, with a production capacity of 500,000 tonnes per year, which was completed in the second half of 2016.\u00a0At the time, the still designated Portucel announced the investment of about 110 million dollars to build a pellet factory in the US state of South Carolina.<\/p>\n

On the 2nd of January Enviva LC announced that its development subsidiary, Enviva Development Holdings, LLC, entered into a new joint venture, Enviva JV Development Company, LLC, with affiliates of The John Hancock Life Insurance Company to acquire, develop and construct wood pellet production plants and deep-water marine terminals in the Southeastern United States.<\/p>\n

The new joint venture will be managed by Enviva and supported by the Hancock Renewable Energy Group, a unit of the Hancock Natural Resource Group (HREG). In addition, the new joint venture has agreed to acquire the above mentioned wood pellet production plant in Greenwood.<\/p>\n

\u201cWe are very pleased to announce the extension of our development relationship with John Hancock and HREG. The new joint venture is expected to develop and construct new production plants and marine terminals required to serve the growing Asian and European markets<\/em>,\u201d said John Keppler, President and Chief Executive Officer of Enviva.<\/p>\n

\u201cAs the plants and terminal assets contemplated in the joint venture become fully contracted and reach commercial operation, we expect to offer them to Enviva Partners, LP, providing additional visibility into the partnership\u2019s potential drop-down inventory<\/em>.\u201d<\/p>\n

Through their affiliates, Enviva and John Hancock will provide the capital to the new joint venture for\u00a0 the acquisition of the Greenwood plant, as well as the planned development of a deep-water marine terminal at the Port of Pascagoula, Mississippi and at least two additional wood pellet production facilities, subject to certain terms and conditions.<\/p>\n

The new joint venture expects to complete the production ramp and invest incremental capital in the Greenwood plant required to improve the operational efficiency and increase the production capacity of the facility.<\/p>\n

The production of the Greenwood plant will be initially sold to Enviva Partners, LP \u00a0under a take-or-pay off-take contract and will continue to be exported from the Partnership\u2019s deep-water marine terminal in Wilmington, North Carolina.<\/p>\n

\u201cThe Greenwood plant is well-constructed, strategically located in a deep natural resource basin and has a strong manufacturing base to build on<\/em>,\u201d said Keppler.\u00a0\u201cEnviva is a proven acquirer and we are excited to bring this team into the Enviva family and to grow this plant into a world-class production facility<\/em>. \u201d<\/p>\n

The existing joint venture between affiliates of Enviva and John Hancock will retain ownership of Enviva Pellets Hamlet, LLC, the entity constructing a 600,000 metric tons per year production plant in Hamlet, North Carolina. Enviva expects the Hamlet plant to be operational in the first quarter of 2019. Production from the Hamlet plant is contracted to supply MGT Power\u2019s Teesside Renewable Energy Plant, which currently is under construction in the United Kingdom.<\/p>\n

Enviva Holdings, LP\u00a0is the world\u2019s largest producer of wood pellets, a renewable and sustainable energy source used to generate electricity and heat. Through its subsidiaries, Enviva Holdings, LP owns and operates plants in the Southeastern United States that produce nearly 3 million metric tons of wood pellets annually.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Navigator, the Portugese forest industrial company, will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to the joint venture between Enviva and\u00a0the John Hancock Life Insurance Company, called\u00a0Enviva JV Development … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[3634,3635,3636,3283],"class_list":["post-75121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-enviva","tag-navigator","tag-portugal","tag-wood-pellets","topic-wood-energy","area-north-america","area-south-america"],"acf":[],"yoast_head":"\nEnviva will acquire 500,000t of wood pellets annually from Portuguese company<\/title>\n<meta name=\"description\" content=\"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enviva will acquire 500,000t of wood pellets annually from Portuguese company\" \/>\n<meta property=\"og:description\" content=\"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-07T14:35:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:47:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"810\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"Enviva will acquire 500,000t of wood pellets annually from Portuguese company\",\"datePublished\":\"2018-02-07T14:35:33+00:00\",\"dateModified\":\"2025-09-19T08:47:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\"},\"wordCount\":647,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg\",\"keywords\":[\"Enviva\",\"Navigator\",\"Portugal\",\"wood pellets\"],\"articleSection\":[\"Companies in the timber industry\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\",\"name\":\"Enviva will acquire 500,000t of wood pellets annually from Portuguese company\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg\",\"datePublished\":\"2018-02-07T14:35:33+00:00\",\"dateModified\":\"2025-09-19T08:47:23+00:00\",\"description\":\"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg\",\"width\":1080,\"height\":810},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"name\":\"Timber Industry News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.timberindustrynews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro-RO\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\",\"name\":\"Timber Industry News\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"width\":150,\"height\":57,\"caption\":\"Timber Industry News\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\",\"name\":\"GWMI Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"caption\":\"GWMI Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Enviva will acquire 500,000t of wood pellets annually from Portuguese company","description":"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.timberindustrynews.com\/ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/","og_locale":"ro_RO","og_type":"article","og_title":"Enviva will acquire 500,000t of wood pellets annually from Portuguese company","og_description":"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.","og_url":"https:\/\/www.timberindustrynews.com\/ro\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/","og_site_name":"Timber Industry News","article_published_time":"2018-02-07T14:35:33+00:00","article_modified_time":"2025-09-19T08:47:23+00:00","og_image":[{"width":1080,"height":810,"url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg","type":"image\/jpeg"}],"author":"GWMI Admin","twitter_card":"summary_large_image","twitter_misc":{"Scris de":"GWMI Admin","Timp estimat pentru citire":"3 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#article","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/"},"author":{"name":"GWMI Admin","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff"},"headline":"Enviva will acquire 500,000t of wood pellets annually from Portuguese company","datePublished":"2018-02-07T14:35:33+00:00","dateModified":"2025-09-19T08:47:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/"},"wordCount":647,"commentCount":0,"publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg","keywords":["Enviva","Navigator","Portugal","wood pellets"],"articleSection":["Companies in the timber industry"],"inLanguage":"ro-RO","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/","url":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/","name":"Enviva will acquire 500,000t of wood pellets annually from Portuguese company","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg","datePublished":"2018-02-07T14:35:33+00:00","dateModified":"2025-09-19T08:47:23+00:00","description":"Navigator will sell its pellets business, together with the 500,000 t\/y pellets production facility Colombo Energy in Greenwood, South Carolina, to Enviva.","inLanguage":"ro-RO","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/"]}]},{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/enviva-will-acquire-500000t-wood-pellets-annually-portuguese-company\/#primaryimage","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/enviva-2b-1080x810-1.jpg","width":1080,"height":810},{"@type":"WebSite","@id":"https:\/\/www.timberindustrynews.com\/#website","url":"https:\/\/www.timberindustrynews.com\/","name":"\u0218tiri din industria lemnului","description":"","publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.timberindustrynews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro-RO"},{"@type":"Organization","@id":"https:\/\/www.timberindustrynews.com\/#organization","name":"\u0218tiri din industria lemnului","url":"https:\/\/www.timberindustrynews.com\/","logo":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","width":150,"height":57,"caption":"Timber Industry News"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff","name":"GWMI Admin","image":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","caption":"GWMI Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/75121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/comments?post=75121"}],"version-history":[{"count":0,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/75121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media\/58184"}],"wp:attachment":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media?parent=75121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/categories?post=75121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/tags?post=75121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}