Valpellets SA Competitors

Drax is enabling a zero carbon, lower cost energy future Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK’s largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. The Group employs 3,400 people in the UK and North America. Enabling a zero carbon, lower cost energy future is Drax Group’s purpose and in 2019, it announced a world-leading ambition to be carbon negative by 2030, using Bioenergy with Carbon Capture and Storage (BECCS) technology to remove carbon dioxide (CO2) from the atmosphere at scale whilst delivering reliable renewable electricity.

Enviva is the world’s largest producer of sustainable wood pellets, a renewable alternative to fossil fuels. We manufacture our wood pellets using sustainable practices while maintaining and improving the health of our forests and reducing greenhouse gas emissions on a lifecycle basis around the world. Our wood pellets are exported through our deep-water marine terminals to customers in the United Kingdom, the European Union, Japan, and beyond, helping to accelerate the energy transition and de-fossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva operates plants and ports in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Virginia, with corporate offices in four countries, employing more than 1,300 people around the globe. Together, we are dedicated to building a renewable energy future for generations to come. Enviva’s mission is to displace fossil fuels, grow more trees, and fight climate change.

Our Vision is to be the leading supplier of biomass products to the global renewable energy market. Pinnacle is the third largest wood pellet producer in the world, producing renewable fuel for electricity generation in the form of industrial wood pellets, which are used by global utilities and large-scale power generators to produce renewable/reliable baseload power. We are a trusted supplier to our customers, who require reliable, high quality fuel supply to maximize utilization of their facilities. We are committed to our values and proactively look for ways to bring our values to life everyday, everytime, everywhere: • Seeded through Innovation - Resourcefulness / Stewardship / Excitement • Energized by People - Commitment / Honour/ Team • Sustained through Passionate Integrity - Safety / Empathy/ Excellence. We hold ourselves accountable to our values and are committed to making decisions through this lens. As one of only three large global suppliers, we operate nine production facilities with a production capacity of 2.2 million metric tons per annum (“MTPA”). We are well-positioned to support growing global demand through new production capacity and the strategic acquisition of existing production facilities. In 2019 we commenced production at the Smithers Facility (125K MTPA) in partnership with West Fraser Timber Co. Ltd. Late 2018, we acquired a 70% interest in the Aliceville Facility (270K MTPA). On June 29, 2018, we commenced commercial production at our wholly owned Entwistle, AB Facility (400K MTPA) and continue to ramp up production. We have entered into long-term take-or-pay contracts with our customers, where the buyer has an obligation to purchase a fixed quantity of product at specific prices that represent 109% of our production capacity through 2021 and 102% of our production capacity through 2026. As of March 2019 our total Contracted Backlog was $6.4 billion.