Tag: bankruptcy

Enviva filing for bankruptcy following bad futures play

Enviva filing for bankruptcy following bad futures play

February 20, 2024 |

In Maryland, the Wall Street Journal reports the largest wood pellet exporter in the US, Enviva, is filing for bankruptcy following a bad move on the futures market that led to hundreds of millions of dollars in losses. It forced the company to miss a $24 million interest payment to bondholders earlier this month, although […]

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