HOUSTON – Bracewell LLP represented Evercore, financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Enviva Partners, LP (NYSE: EVA), regarding an agreement by EVA to purchase Enviva Pellets Greenwood Holdings II, LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina, from its sponsor for cash consideration of $132 million and the assumption of a $40 million third-party promissory note.
EVA is a publicly traded master limited partnership that aggregates a natural resource, wood fiber, and processes it into a transportable form, wood pellets.
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Bracewell lawyers involved in this transaction included:
Partner: Will Anderson