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Enviva LP Acquires CKS Energy Inc., a Manufacturer and Exporter of Wood Pellet Biomass Fuel

Based in Amory, Mississippi, CKS is one of the few US-based companies with a successful track record of manufacturing and exporting sustainable, high-quality wood pellet biomass fuel for utility customers, many of whom are based in Europe where the use of wood pellets is well integrated into all areas of the energy sector.

"As we continue to increase our US manufacturing footprint, we are particularly excited about this acquisition. Strategically, CKS is an excellent fit, providing Enviva with a robust and stable fiber supply chain and easy access both to our key European customers as well as to customers in the upper Midwest," Enviva Chairman and Chief Executive Officer John Keppler said. "Through this acquisition we look forward to increasing our production of sustainably manufactured wood pellets to meet increasing demand from utilities, power companies, businesses and consumers in Europe and the United States."

In the coming months, Enviva intends to hire additional staff for the facility, which will be known as Enviva Pellets Amory, and expand its production from a current capacity of approximately 50,000 tons to over 100,000 tons a year. The facility will primarily service Enviva's long-term European customers, and raw biomass materials will be sourced locally. Enviva's environmental, safety, and forestry staff, at the forefront of best practices in sustainable harvesting, ensures that all biomass resources are procured according to internationally recognized third-party certification standards, such as SFI or FSC.

About Enviva

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 customers seeking to decrease their dependence on fossil fuels and reduce their carbon footprint. Enviva, part of Intrinergy Holdings LP, has been supplying wood chips and wood pellets to customers in the U.S. and Europe since 2007. For more information, visit www.envivapellets.com.

Enviva
Thomas Meth
+1 804-381-4000 x 103
thomas.meth@envivabiomass.com