Deals Counterparts

Drax signs biomass supply agreement with Enviva

Supply Agreement Biomass announced United States Mar 6, 2024
650000 MTPY
Capacity
operating
Stage

Enviva and Drax announced a new supply agreement for biomass pellets. The agreement secures a long-term supply of biomass for Drax's power generation.

Source Intelligence

KEY DETAILS

Enviva will supply 650,000 MTPY of wood pellets from 2022 to 2026 to Drax. "The pair have agreed a take-or-pay off-take contact that will see Enviva supply 650,000 MTPY of wood pellets from 2022 to 2026."

Capacity
Enviva supply 650,000 MTPY of wood pellets from 2022 to 2026
Location
to supply a new power plant in Japan
Announcement
Enviva announces new Japanese and European contracts
COD
Enviva supply 650,000 MTPY of wood pellets from 2022 to 2026
PARTIES MENTIONED IN SOURCE
E
Enviva seller

"Enviva has extended its relationship with Drax"

D
Drax buyer

"Enviva has extended its relationship with Drax"

S
Sumitomo Corporation buyer

"Enviva has two new take-or-pay off-take contracts with Sumitomo Corporation to supply a total of 520,000 MTPY to new biomass plants in Japan."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Mar 6, 2024
Signed
Closed

Market Context

This deal is part of the Biomass sector in United States.
27
Biomass deals
565
deals in United States
1 of 26 Biomass deals tracked this month · Updated daily

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