UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 2.02 | Results of Operations and Financial Condition. |
On June 21, 2022, Enviva Inc. (the “Company”) issued a press release containing preliminary financial results guidance for the quarter ended June 30, 2022 and providing certain operational updates. A copy of the press release is furnished with this Current Report on Form 8-K (this “Current Report”) as Exhibit 99.1.
The information in Item 2.02 of this Current Report and Exhibit 99.1 is being “furnished” and shall not be deemed to be “filed” by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.
Item 7.01 | Regulation FD Disclosure. |
On June 21, 2022, the Company issued a press release announcing that The Industrial Development Authority of Sumter County, Alabama intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the “Offering”) in the aggregate principal amount of $250,000,000. The proceeds of the Offering will be loaned to the Company pursuant to a Loan and Guaranty Agreement to fund all or a portion of the costs of the acquisition, construction, equipping, and financing of the Company’s wood pellet production plant to be located in Epes, Alabama and to pay costs and expenses of the Offering. Additionally, on June 21, 2022, the Company issued a press release containing preliminary financial results guidance for the quarter ended June 30, 2022 and providing certain operational updates. Copies of the press releases are furnished with this Current Report as Exhibits 99.2 and 99.1, respectively, and are incorporated herein by reference.
The information in Item 7.01 of this Current Report, including Exhibits 99.1 and 99.2, is being “furnished” and shall not be deemed to be “filed” by the Company for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into any filing under the Securities Act or the Exchange Act.
Cautionary Statements
This Current Report includes “forward-looking statements” within the meaning of federal securities laws. Such forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. All statements included in this Current Report, other than historical facts, including statements related to the aggregate principal amount of the offering, which is a preliminary figure, subject to change, are forward-looking statements. All forward-looking statements speak only as of the date of this Current Report. Although the Company believes that the plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions, or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecast in such statements.
Item 9.01. | Financial Statements and Exhibits. |
Exhibits.
EXHIBIT NUMBER |
DESCRIPTION | |
99.1 | Press release titled “Enviva Reaffirms 2022 Guidance and Provides Update on Second-Quarter 2022 Operating and Financial Performance,” dated June 21, 2022. | |
99.2 | Press release titled “Enviva Announces Tax-Exempt Green Bond Offering,” dated June 21, 2022. | |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
ENVIVA INC. | ||
Date: June 22, 2022 | By: | /s/ Jason E. Paral |
Name: | Jason E. Paral | |
Title: | Senior Vice President, Deputy General Counsel, and Secretary |
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