Enviva Partners, LP Increases Distribution By More Than 10% Over Previous Quarter





BETHESDA, Md.–(BUSINESS WIRE)–Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced
today that the board of directors of its general partner declared a
quarterly distribution of $0.5100 per common and subordinated unit for
the first quarter of 2016. The quarterly distribution will be paid
Friday, May 27, 2016, to unitholders of record as of the close of
business Monday, May 16, 2016.

“Durable operating cash flow growth driven principally by our
acquisition of the Southampton plant in December underpins the
significant increase in our quarterly distribution and represents the
first step towards our previously announced full-year distribution
guidance of at least $2.10 per unit, excluding the impact of potential
acquisitions,” said John Keppler, Chairman and Chief Executive Officer.

First Quarter Earnings Call

The Partnership will release its 2016 first quarter earnings on May 5,
2016. Interested parties are invited to listen to the conference call on
the financial results.

When:     May 5, 2016 at 10:00 a.m. Eastern Time.
 
How:

On the internet at http://services.choruscall.com/links/enviva160505XT05M95X
or by dialing (877) 328-5349.

 
Replays:

Will be available through July 31, 2016 on the internet at http://services.choruscall.com/links/enviva160505XT05M95X
or by dialing (877) 344-7529 and entering the access code
10084092. The replay also will be available in the Investor
Relations section of www.envivabiomass.com.

About Enviva Partners, LP

Enviva Partners, LP (NYSE: EVA) is a publicly traded master limited
partnership that aggregates a natural resource, wood fiber, and
processes it into a transportable form, wood pellets. The Partnership
sells a significant majority of its wood pellets through long-term,
take-or-pay agreements with creditworthy customers in the United Kingdom
and Europe. The Partnership owns and operates six plants in Southampton
County, Virginia; Northampton County and Ahoskie, North Carolina; Amory
and Wiggins, Mississippi; and Cottondale, Florida. We have a combined
production capacity of approximately 2.3 million metric tons of wood
pellets per year. In addition, the Partnership owns a deep-water marine
terminal at the Port of Chesapeake, Virginia, which is used to export
wood pellets. Enviva Partners also exports pellets through the ports of
Mobile, Alabama and Panama City, Florida.

To learn more about Enviva Partners, LP, please visit our website at www.envivabiomass.com.

Cautionary Note Concerning Forward-Looking Statements

Certain statements and information in this press release, including
those concerning our future results of operations and distributions, may
constitute “forward-looking statements.” The words “believe,” “expect,”
“anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,”
or other similar expressions are intended to identify forward-looking
statements, which are generally not historical in nature. These
forward-looking statements are based on the Partnership’s current
expectations and beliefs concerning future developments and their
potential effect on the Partnership. Although management believes that
these forward-looking statements are reasonable when made, there can be
no assurance that future developments affecting the Partnership will be
those that it anticipates. The forward-looking statements involve
significant risks and uncertainties (some of which are beyond the
Partnership’s control) and assumptions that could cause actual results
to differ materially from the Partnership’s historical experience and
its present expectations or projections. Important factors that could
cause actual results to differ materially from forward-looking
statements include, but are not limited to: (i) the amount of products
that the Partnership is able to produce, which could be adversely
affected by, among other things, operating difficulties; (ii) the volume
of products that the Partnership is able to sell; (iii) the price at
which the Partnership is able to sell products; (iv) changes in the
price and availability of natural gas, coal, or other sources of energy;
(v) changes in prevailing economic conditions; (vi) the Partnership’s
ability to complete acquisitions, including acquisitions from its
sponsor; (vii) unanticipated ground, grade, or water conditions;
(viii) inclement or hazardous weather conditions, including extreme
precipitation, temperatures, and flooding; (ix) environmental hazards;
(x) fires, explosions, or other accidents; (xi) changes in domestic and
foreign laws and regulations (or the interpretation thereof) related to
renewable or low-carbon energy, the forestry products industry, or power
generators; (xii) inability to acquire or maintain necessary permits;
(xiii) inability to obtain necessary production equipment or replacement
parts; (xiv) technical difficulties or failures; (xv) labor disputes;
(xvi) late delivery of raw materials; (xvii) inability of the
Partnership’s customers to take delivery or their rejection of delivery
of products; (xviii) failure of the Partnership’s customers to pay or
perform their contractual obligations to the Partnership; (xix) changes
in the price and availability of transportation; and (xx) the
Partnership’s ability to borrow funds and access capital markets.

For additional information regarding known material factors that could
cause the Partnership’s actual results to differ from projected results,
please read its filings with the Securities and Exchange Commission,
including the Annual Report on Form 10-K and the Quarterly Reports on
Form 10-Q most recently filed with the SEC. Readers are cautioned not to
place undue reliance on forward-looking statements, which speak only as
of the date thereof. The Partnership undertakes no obligation to
publicly update or revise any forward-looking statements after the date
they are made, whether as a result of new information, future events, or
otherwise.

Notice

This press release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat 100
percent of the Partnership’s distributions to non-U.S. investors as
being attributable to income that is effectively connected with a United
States trade or business. Accordingly, the Partnership’s distributions
to non-U.S. investors are subject to federal income tax withholding at
the highest applicable effective tax rate.