Wood Pellet Maker Enviva Hits Ch. 11 With Over $1B Debt

By Alex Wittenberg (March 13, 2024, 10:54 AM EDT) -- Enviva, the world's largest producer of industrial wood pellets, has filed for Chapter 11 protection in Virginia bankruptcy court with a plan to cut its debt load by $1 billion, months after it reported hundreds of millions in losses after a faulty bet on future prices of the energy source....

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