Market Overview

Enviva Holdings, LP's Off-Take Contract with Sumitomo Becomes Firm


Enviva Holdings, LP announced today that its previously disclosed
take-or-pay off-take contract to supply Sumitomo Corporation with
250,000 metric tons per year of wood pellets is now firm, as all
conditions precedent to the effectiveness of the contract have been
satisfied. Deliveries under the contract are scheduled to commence in
2021 and continue through 2036.

About Enviva Holdings, LP

Enviva Holdings, LP is the world's largest producer of wood pellets, a
renewable and sustainable energy source used to generate electricity and
heat. Through its subsidiaries, Enviva Holdings, LP owns and operates
wood pellet processing plants and deep-water export terminals in the
Southeastern United States. We export our pellets primarily to power
plants in the United Kingdom and Europe that previously were fueled by
coal, enabling them to reduce their lifetime carbon footprint by about
80 percent. We make our pellets using sustainable practices that protect
Southern forests, and we employ about 800 people and support many other
businesses in the rural South, where jobs and economic opportunity are
sometimes scarce. Enviva Holdings, LP conducts its activities primarily
through two entities: Enviva Partners, LP, a publicly-traded master
limited partnership (NYSE:EVA), and Enviva Development Holdings, LLC, a
wholly-owned private company. To learn more about Enviva, please visit
our website at

Cautionary Note Concerning Forward-Looking Statements

Certain statements and information in this press release, including
those concerning future deliveries under off-take contracts, may
constitute "forward-looking statements." The words "believe," "expect,"
"anticipate," "plan," "intend," "foresee," "should," "would," "could,"
or other similar expressions are intended to identify forward-looking
statements, which are generally not historical in nature. These
forward-looking statements are based on our current expectations and
beliefs concerning future developments and their potential effects.
Although management believes that these forward-looking statements are
reasonable when made, there can be no assurance that future developments
will be those that management anticipates. These forward-looking
statements involve significant risks and uncertainties (some of which
are beyond our control) and assumptions that could cause actual results
to differ materially from our historical experience and our present
expectations or projections.

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