Enviva Partners to invest at least $75.7 million to expand its operation in Southampton, Virginia. In addition to increasing wood pellet production by a third to approximately 750 thousand metric tons per year (MTPY), the expansion will allow for the processing of sustainably sourced pine at the existing facility, significantly augmenting the company’s usage of fiber (or raw material) from Virginia forests.
Enviva is a leading global energy company specializing in sustainable wood biomass. The company is the world’s largest producer of wood pellets, which provide sustainable, low-carbon heat and power that can replace fossil fuels.
Wood pellets produced at Enviva’s Southampton facility are primarily exported through the company’s deep-water marine terminal at the Port of Chesapeake, Virginia.