Cong. Districts

UB Community Development Announces $42.5 Million in New Markets Tax Credit Funds to Enviva Pellets Epes Finance Company, LLC

July 18, 2022
Alabama

UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the closing of a $42.5 million New Markets Tax Credit (NMTC) allocation to support the building of the world's largest wood pellet plant in Epes, Alabama. The new project will be located on the Tennessee-Tombigbee Waterway in Sumter County, Alabama.

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