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Enviva creditors allege former executives drove a wood-pellet trade collapse

Creditors claim the company’s former C-suite chased bonus targets, contributing to a dispute tied to a wood-pellet trade deal valued at about $2 billion.

Reported · Written up by our desk · M&A & Deals

Enviva is at the center of a creditor dispute described by The Wall Street Journal, with the fight focused on a wood-pellet trade that the publication characterizes as ruinous.

According to WSJ Markets, creditors allege the company’s former C-suite helped bring about the collapse of the once high-flying green-energy business.

The outlet says the creditors’ allegations center on executives pursuing bonus targets, which they argue contributed to Enviva’s later problems.

WSJ Markets frames the dispute as a roughly $2 billion brawl over the fallout from the wood-pellet trade.

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