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Enviva and E.ON sign biomass agreement

Feb. 7, 2012, Washington, DC - Enviva LP and E.ON have announced a multi-year 240,000 metric ton per year wood pellet supply agreement.


February 7, 2012
By PR Newswire

Feb. 7, 2012, Washington, DC –
Enviva LP ("Enviva"), a leading manufacturer of processed biomass fuel
in the United States and Europe, and E.ON, one of the world's largest
investor-owned utilities, today announced a multi-year 240,000 metric
ton per year wood pellet supply agreement.

"Demand for clean, renewable resources like our sustainably produced
wood pellets continues to grow as energy generators invest in
alternatives to traditional fossil fuels," said John Keppler, chairman
and CEO of Enviva. "Our partnership with E.ON reinforces the economic
and environmental benefits achievable from renewable biomass resources
in energy production."

"Strong agreements with companies like Enviva that are focused on
growing biomass supply and share our views on the importance of
promoting sustainability are essential for us to invest in biomass
generation," said Jan Groeneveld, manager biomass sourcing at E.ON.
"Biomass is one of the lowest-cost renewable solutions available and is a
key part of helping us ensure that the lights stay on at a price that
is affordable while helping to protect the climate."

The contract begins in early 2013. Enviva will supply the wood pellets
from its facilities in the Southeastern U.S., home to some of the
world's most abundant and sustainably managed wood baskets.

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About Enviva

Enviva's mission is to become the preferred partner and supplier of
sustainably sourced wood pellets and other processed biomass to serve
power generation and industrial customers seeking to decrease their
dependence on fossil fuels and reduce their carbon footprint. Enviva has
been supplying wood chips and wood pellets to customers in the United
States and Europe since 2007. Enviva's operating facilities represent
more than 750,000 metric tons of annual production capacity, and the
company has announced plans to build an additional one million metric
tons of capacity in the mid-Atlantic region. For more information about
Enviva, including job opportunities, go to
www.envivabiomass.com.

About E.ON

E.ON is one of the world's largest investor-owned power and gas
companies, with annual sales of more than 92 billion Euros and about
85,000 employees. E.ON plays a leading role in the development of the
renewable industry worldwide and is already active in onshore and
offshore wind technology, concentrating solar power (CSP), photovoltaic
and biomass. E.ON currently operates over 8 GW of renewable capacity
including large hydro and will invest another 7 billion Euros in
renewable generation and climate protection projects over the next five
years. E.ON has been named Green Energy Generator of the Year at the
2011 Platts Global Energy Awards. For more information about E.ON, go to
www.eon.com.


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