Enviva Inc., et al.

Case Number:

24-10453

Confirmation of the Plan and Effective Date:

Please take notice that on November 14, 2024, the Court entered the Order Confirming the First Amended Joint Chapter 11 Plan of Reorganization of Enviva Inc. and its Debtor Affiliates [Docket No. 1393].

Please take further notice that on December 6, 2024, the Debtors' filed the Notice of (I) Entry of Order Confirming the Amended Joint Chapter 11 Plan of Reorganization of Enviva Inc. and Its Debtor Affiliates and (II) Occurrence of Effective Date [Docket No. 1461].

Solicitation Materials:

On October 4, 2024, the Bankruptcy Court entered the Order (I) Approving (A) the Adequacy of the Disclosure Statement, (B) the Solicitation and Notice Procedures with Respect to Confirmation of the Plan, (C) the Forms of Ballots, Other Solicitation Materials, and Notices in Connection Therewith, (D) the Scheduling of Certain Dates with Respect Thereto, (E) The Rights Offering Procedures, (F) the Overbid Procedures, and (II) Granting Related Relief [Docket No. 1183].

Please see below for solicitation materials related to the Disclosure Statement and Amended Chapter 11 Plan of Reorganization of Enviva Inc. and its Debtor Affiliates:

Disclosure Statement for the Amended Joint Chapter 11 Plan of Reorganization of Enviva Inc. and its Debtor Affiliates (with Plan attached as Exhibit A)

Solicitation and Voting Procedures

Recommendation by the Official Committee of Unsecured Creditors of Enviva Inc., et al.

Notice of Hearing to Consider Confirmation of the Chapter 11 Plan Filed by the Debtors and Related Voting and Objection Deadlines

Notice of Filing of Plan Supplement for the Amended Joint Chapter 11 Plan of Reorganization of Enviva Inc. and its Debtor Affiliates

To submit your ballot electronically on the E-Ballot Portal please click here. You will need the unique ID and Pin provided on your ballot to vote.

The Plan Objection Deadline is November 6, 2024 at 4:00 p.m. (ET).

The Voting Deadline is November 6, 2024 at 4:00 p.m. (ET).

The Opt-In Deadline is November 6, 2024 at 4:00 p.m. (ET).

The Confirmation Hearing is scheduled for November 13, 2024 at 10:30 a.m. (ET).

To view all Plan related documents, please click here.

General Information:

Enviva Inc. (the “Company” or “Enviva’”) has entered into two restructuring support agreements for a pre-arranged restructuring to reduce its debt, improve profitability, strengthen liquidity, and better position the business for long-term success. In order to implement this pre-arranged restructuring, on March 12, 2024, the Company commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Virginia (the “Court”).

Enviva has secured a commitment for $500 million in debtor-in-possession financing, which, subject to Court approval, is expected to provide sufficient liquidity to support continued operations across Enviva’s business throughout the restructuring process, as well as to help fund the completion of the plant currently under construction in Epes, Alabama.

During this restructuring, Enviva is continuing operations, manufacturing high-quality sustainable wood pellets and fulfilling customer contracts, while advancing its transformation plan.

Upon completion of the in-court restructuring process, Enviva anticipates emerging as a stronger company with a solid financial foundation and better positioned to be a leader in the future growth of the wood-based biomass industry.

Click here to view the Company’s filing press release.

Click here to view a letter from the Company to Vendors.

Click here to view an FAQ for Vendors.

For additional information, please call (888) 249-2695 or (310) 751-2601 if calling from outside the U.S. or Canada, or click here to submit an inquiry.

Cautionary Note Concerning Forward Looking Statements

Common Stock Notice

Important - Attention Direct and Indirect Holders of, and Prospective Holders of Common Stock Issued By Enviva Inc.:

Pursuant to the Final Order (I) Establishing Notification Procedures; (II) Approving Restrictions on Certain Transfers of Common Stock of the Debtors’ Estates and Claiming a Worthless Equity Deduction; and (III) Granting Related Relief [Docket No. 327], the restrictions, notification requirements, and/or other procedures contained in the below notice apply to all transfers of, or declarations of worthlessness with respect to, common stock of the Debtors.

Notice of Final Order (I) Establishing Notification Procedures; (II) Approving Restrictions on Certain Transfers of Common Stock of The Debtors’ Estates; and (III) Granting Related Relief

Notices, Restrictions, and Other Procedures Regarding Ownership, Acquisitions, Dispositions and Transfers of, or Declarations of Worthlessness with Respect to, Stock of the Debtors