Enova announces agreement with Georgia Kaolin Terminals of Savannah to load wood pellets for export

Enova announces agreement with Georgia Kaolin Terminals of Savannah to load wood pellets for export

ATLANTA, GA, Dec. 10, 2012 (PRNewswire) - Enova Wood Pellet Group, LLC, a subsidiary of Enova Energy Group, LLC, has entered into a long term port agreement with Georgia Kaolin Terminals, Inc. (GKT) a subsidiary of Colonial Group, Inc. The agreement provides Enova sufficient port capacity to export up to 1.35 million metric tons per year of wood pellets through Colonial's GKT facility in Savannah, Georgia. Enova is currently developing a network of three wood pellet production plants in Georgia and South Carolina to deliver wood pellets to GKT via rail.

"This is a tremendous milestone for Enova to partner with a world class terminal operator such as Colonial Group, because it will enable Enova to export the largest quantity of wood pellets through a single port facility in the Southeast," according to Mark Newhart, VP of Logistics and Transportation for Enova. "The terminal will provide a steady source of income and add new jobs to the community," he added.



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