Enviva LP Signs Long-Term Wood Pellet Supply
Agreement with Utility Electrabel, Group GDF
Enviva Will Supply Biomass to Meet Half of a Major Power Plant’s Fuel Requirements, Powering Hundreds
of Thousands of Homes with Renewable Energy
August 24, 2010 06:03 AM Eastern Daylight Time
RICHMOND, Va.--(EON: Enhanced Online News)--Enviva LP™ (“Enviva”), a leading manufacturer of wood
pellets and processed biomass in the United States and Europe, announced today the signing of a long-term wood
pellet supply contract with Electrabel, a subsidiary of GDF SUEZ Group, one of the largest utilities in the world.
Under the contract, Enviva, a subsidiary of Intrinergy Holdings LP, will supply 480,000 metric tons of wood pellets
annually to Electrabel’s biomass power generating facilities in Belgium. Intrinergy is a portfolio company of
Riverstone Holdings LLC’s most recent renewable and alternative energy fund.
“With demand for renewable fuel increasing worldwide, the U.S. biomass market is poised for tremendous growth.
Enviva is excited to be at the nexus of this growth by matching U.S.-based resources with major power producers
around the world,” said Enviva Chairman and Chief Executive Officer John Keppler. “We are pleased that
Electrabel has joined Enviva’s growing base of utility customers committed to reducing CO2 emissions over the
Enviva will supply the wood pellets from its expanding manufacturing base of production facilities in the Southeastern
U.S., home to some of the world’s most abundant and most sustainably managed wood baskets. Enviva’s
environmental, safety, and forestry staff are at the forefront of best practices in sustainable harvesting, and they
ensure that all of the company’s biomass resources are procured according to internationally recognized third party
Enviva’s mission is to be the world leader in the production of sustainable biomass and a preferred partner and
supplier to utility, industrial and retail cu