Enviva closes 2022 with loss of US$168.4m

Pellet volume sold in fourth quarter almost 24% lower than previous year

The US pellet producer Enviva Inc. of Bethesda, Maryland, also closed the fourth quarter of 2022 with an operating loss, to the tune of -US$46.3m (Oct.-Dec. 2021: -US$55.4m), in spite of a reduction of 13.8% in total operating costs to US$285.6m (US$331.7m). Interest expenditure, which was three times as high as the...

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