US-based pellet producers Enviva Partners, LP has announced that it has signed a new “take-or-pay” off-take contract to supply wood pellets to Lynemouth Power Ltd, a UK subsidiary of Czech-based Energetický a Průmyslový Holding (EPH). Lynemouth Power plans to convert its 420 MW coal facility to pellets by the end of 2017. Deliveries under this contract are expected to commence in the third quarter of 2017, ramp to full supply of 800 000 tonnes per annum in 2018, and continue through the first quarter of 2027.
– Our strategy is to fully contract our production capacity, and this contract provides additional length and diversification to our sales book. We are proud that a world-class energy group like EPH selected Enviva to supply more than half of the wood pellets required annually by its Lynemouth facility, further reinforcing our position as a preferred supplier to top-tier biomass projects, said John Keppler, Chairman and CEO.
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