Riverstone Holdings completed a $1bn investment in Enviva Holdings.

Private equity firm Riverstone Holdings completed a $1bn investment in Enviva Holdings, a supplier of wood pellets. "We are privileged to be a leader in an industry that is working to solve one of the greatest challenges of our time by combating the destructive effects of climate change. With the benefit of the Continuation Fund’s investments and incremental equity commitments, we expect to continue our track record of building, owning, and operating fully contracted wood pellet production plants and export terminals in one of the most robust, renewable, and sustainable natural resource basins in the world and, most importantly, of making a real difference in the fight against climate change, both today and long into the future," John Keppler, Enviva Holdings Co-Founder, Chairman, and CEO.