Enviva Partners awaits 3% to 4% EBITDA growth through cost reductions

By Devika Patel

Knoxville, Tenn., June 19 – Enviva Partners, LP plans to grow its EBITDA through better operations and cutting costs.

“We see 3% to 4% in EBITDA growth within the partnership itself driven by operating improvements as well as cost reductions, given the scale of our operations,” chairman and chief executive officer John Keppler said at the J.P. Morgan 2018 Energy Conference in New York on Tuesday.

“In combination with the top-line revenue increases, we target 7% to 10% EBITDA growth within the partnership itself without accounting for drops or other strategic acquisitions,” he said.

Enviva is a Bethesda, Md.-based wood pellet producer.

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