Enviva Partners (EVA) Reports Limited COVID-19 Impact
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Enviva Reports Limited COVID-19 Impact in Uncertain Environment. Reaffirms Full-year Distribution Guidance and Confirms Strong Liquidity Position.
March 30, 2020 10:30 AM EDTBETHESDA, Md.--(BUSINESS WIRE)-- In a special letter to stakeholders (see below), John Keppler, Chairman and Chief Executive Officer of Enviva Partners, LP (NYSE: EVA) (the Partnership, we, or our), announced that, to date, the Partnerships operations have not been significantly impacted by the outbreak of a novel strain of coronavirus (COVID-19). In addition, the Partnerships liquidity remains robust, with substantial availability under our $350 million revolving credit facility. With no debt maturities until 2023, our conservative balance sheet is supported by contracted revenues under long-term, take-or-pay off-take agreements that fully contract our production capacity with a... More
