Enviva Partners (EVA) Announces 4.3M Share Offering

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Enviva Announces Public Offering of Common Stock

January 19, 2022 4:38 PM UTC

BETHESDA, Md.--(BUSINESS WIRE)-- Enviva Inc. (NYSE: EVA) (Enviva, we, us, or our) today announced that it has commenced an underwritten public offering (the Offering) of 4,300,000 common shares. Enviva expects to grant the underwriters an option to purchase up to an additional 645,000 common shares from Enviva at the issue price of the Offering.

Enviva intends to use the net proceeds of the Offering for general corporate purposes, including pre-funding a portion of its capital expenditures related to ongoing development projects, and the temporary repayment of debt.

Goldman Sachs & Co. LLC, Citigroup Global Markets... More