Enviva, the world’s largest maker of wood pellets with four plants and an export terminal in North Carolina, has declared bankruptcy but says it expects to emerge with its business intact.

Enviva, the world’s largest wood pellet maker with four plants and a marine terminal in Eastern North Carolina, is in financial trouble. After reporting big losses in the fall, the Maryland-based ...

In March, Enviva, the world’s largest woody biomass producer for industrial energy, declared bankruptcy. That cataclysmic collapse triggered a rush of political and economic maneuvering in the U.S. (a ...