Enviva announces $250 million pipe transaction

Bethesda, md.--(business wire)--enviva inc. (nyse: eva) (“enviva”) today announced that it has entered into definitive agreements with board members and insiders for the issuance and sale of $250 million of equity securities to be priced using the market close price on march 1, 2023. the pipe is led by affiliates of enviva's two largest shareholders, riverstone holdings llc and inclusive capital partners, and btg pactual.
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