Enviva acquires Georgia Biomass wood pellet plant
August 3, 2020 | 10:50 am CDT
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Enviva now operates nine wood pellet plants in the southeastern United States following its acquisition of Georgia Biomass' plant in Waycross.

BETHESDA, Md. -- Enviva Partners LP expanded its operational footprint across the southeast by completing the acquisition of Georgia Biomass’ plant in Waycross, Ga. The reported $175 million purchase includes associated contracted terminal capacity in Savannah, Ga.

The newly renamed “Enviva Pellets Waycross” plant began operation in 2011 and is capable of producing up to 800,000 metric tons of wood pellets annually. It is the largest of nine wood pellet production facilities owned by Enviva in six southeastern states. Combined, the nine plants have an annual production capacity of 4.9 million metric tons of industrial wood pellets.

The company is investing $175 million to construct a wood pellet plant in Epes, Ala.

Enviva, which claims to be the largest producer of industrial wood pellets in the world, said it sells a “significant majority of its wood pellets through long-term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom and Europe.”

Enviva said its “mission is to displace coal, grow more trees, and fight climate change.”

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Rich Christianson | President/Owner/C-Level

Rich Christianson is the owner of Richson Media LLC, a Chicago-based communications firm focused on the industrial woodworking sector. Rich is the former long-time editorial director and associate publisher of Woodworking Network. During his nearly 35-year career, Rich has toured more than 250 woodworking operations throughout North America, Europe and Asia and has written extensively on woodworking technology, design and supply trends. He has also directed and promoted dozens of woodworking trade shows, conferences and seminars including the Cabinets & Closets Conference & Expo and the Woodworking Machinery & Supply Conference & Expo, Canada’s largest woodworking show.