Thanks, Shai.
book XXXX. partnership, is remains the strategy at balanced Our contract current our least sales fully well and through to
As expect and venture, of billion. the revenue under partnership's $XX backlog weighted almost and $X.X be years, now billion, backlog term development available average contingent sponsor the Including and X, our we of would contracts October partnership, by offtake stands product which average our at contracts firm and XX.X and remaining contract respectively. our made years its weighted sales to term would to joint to extend XX.X is the the volumes remaining held
our another emerging coal scale climate yet offtake world change. biomass policymakers and to regarded view This combat global and the underpin is industry. The in growth and expanding incremental demand book around point of phase by indispensable is customers policy solution that continue the international developments to the proof out as to
the the for plants support municipal efforts biomass For funds recently instance, carbon country's reduce conversion dedicated in of the government emissions. coal-fired to Poland, announced fuel heating to to
a X that metric the generation to coal-fired than to have law, fuel an draft by the X of July implement plants lower the shutdowns approximately fire tons gigawatts estimated Netherlands either driving law the fully generation than of heating previously alternative XXXX, power government's total to power Under municipal was the XXXX. out phase X.X passed experts or face or switched coal-fired announced Local by to with phaseout In biomass, later goal co to year. of plants XXXX. will million XXX no more capacity X/X convert than up either house the per more
are package from To in Netherlands shutdowns, in in a and power to biomass of per we just metric climate metric released over new plan XXXX. the pellets in demand policy change achieving developing $XX carbon estimated these in support. XXXX which increase avoid in the Across tons industrial with climate drive for tons by XXX,XXX significant an commissioning co-firing, XXXX the the to wood plants expect government to border, or Germany, year million X billion action September, neutrality recently committed the
to and force the into the addition, recommendations XXXX. German the assets are commission's regarding come expected government and to be in In progress the drafted coal phaseout power early implementing generation XXXX and continues towards of by laws coal-fired shutdown the coal
year per months. these pellet million of the emerge to drive developments of XX tons expect All and Germany, XX X to significant to could we see metric contracted demand wood incremental demand next million in XX over
Shifting to Asia.
offtake contracts negotiate we While additional in substantial to Japan. continue
at announced which down biomass. developing, by significant Korea XXXX, power country's demand may XXXX also for it as coal-fired a government the drive South that shut is the will U.N. increase the in plants Climate Summit, XX
We United markets with South nations new countries to diversify, Taiwan. Poland, mid-XXXXs for Europe from contract backlog expect growth Japan, Kingdom volumes and as Netherlands, to Ireland, and extend our existing the island in in and substantial commence continue volumes to contract continued like in to well potential further the as and the from Germany and early Korea
have wood coverage the media United States renewable commodity pellets, seen import-dependent the of to of of President the and and Enviva's potential may Sales, delegation. This the meeting Taiwanese an energy of benefits like from Governor Mississippi energy key a her with You Taiwan. the export highlights consumer Head
have drive already long-term drivers market beyond to our those incremental we offtake contracts expect signed. sponsor what We and
the the call, capacity in and the that to to by long-term in invest fulfill approximately demand order contracted our have new to contracts, X.X our production per on tons will on we Based as sponsor and earlier mentioned metric terminalling million opportunity year I grows existing XXXX.
half Hamlet to the progressing permits. Northampton the production subject partnership in expect of final construction and expansion and the continues is up the XXXX, complete our receiving production expected, first as expansion at the Southampton to the projects to existing While activities capacity, plant our facilities, ramp of
last be of our has to continue planned first to the sponsor's Lucedale and production our drive new and sponsor expansions. respect facility historically, week, growth Projects to the ground stirred development, development capacity With growth broke opportunities like and are on teams sponsor-level accretive, capacity highly our to cluster. in organic the preponderance these where our plant, expected Pascagoula operations evaluate
project construct in wood state of plant Construction production and with Pascagoula a is Alabama. also potential agreement And terminal. to underway a at sponsor permit executed the Alabama for the an our applied recently Epes, pellet air
the permits. Production replica Tennessee-Tombigbee half ready build-and-copy Lucedale terminal. Epes to plant, barge via the be facility the by from our of to to expects the in subject the commence Epes sponsor plant be of to XXXX, Our construction of first receiving Pascagoula necessary to expected is a transported river
wood build-and-copy sites This potential the Our and to Alabama Virginia. production sponsor would terminal. additional continues existing the Mississippi evaluate sites complemented X the for is export pellets in Wilmington, pellet plants of that development, Chesapeake, by and wood production in to around terminal partnership's evaluate through sponsor additional similar activities Carolina course, undertaking Pascagoula is facilities North
contract of By the design, to assets these this available all will the is as sponsor be well by drop-down expectation in developed partnership venture our that acquisitions. joint backlog as their for made related
focused As we dependency X/X to residuals. forestry harvest sustainable we and consistent sawtimber without manufacturing procure and resource milling, is a natural us traditional provides robust of byproduct other wood any of in capacity we that fiber continue stable and and access low-grade operations gives industrial basket products. or on U.S., growing sawdust export a to saw The the fiber about Southeast wood a world's footprint grow, our remain on expanding the
and climate and will as fiber report UN it is of, because each land that If describes resources most carbon harvested, producing that demonstrates all mitigation the timber, IPCC verbatim sustained forest sustained it's familiar, not generate to change if year One world. products year grows forest is the a it in on forest. yield and the increase here sustainable that the forest and of We of it more steady the year, stock the the, language than are after benefit. energy largest special continuing role because that in climate from one while with invest sounds one described
defined but delivering by leadership also role in change. critical of reliability play As our a sustainable to our result, scale we not operations, mitigate the solely by solution efforts the global and customers' industry a is our to climate
million we delivered in with sum, $XX EBITDA. yet, strongest our quarter In more adjusted than
the expect quarter fourth better. to even We be
increases Longer our contract $X.XX to in unit cash adjusted distributable of $X.XX capacity to expect $X.XX us for expect enable in continue least to executed balance drive at we to to contract per robust We and pipeline, support strong and flow unit between and sheet EBITDA distribute XXXX. that durable double backlog, sustainable and per to XXXX time. grow sponsor over and term, XXXX
to the To a people their environment. the solving dedicated close, and thank work the great Thank of dedication, at building business and like Enviva all difficult I'd energy you. hard to for equation
Operator, can you the open please line for questions?