With a Fresh $31 Million in Tow, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) to Ramp RNG Supply Across Canada

August 29, 2022 08:50:00
  • EverGen owns and operates Western Canada’s original renewable natural gas facility and is expanding nationwide
  • EverGen already has existing offtake agreements with FortisBC, part of the nation’s largest private utility
  • EverGen recently signed a new loan agreement providing $31 million for expansion at its flagship projects in B.C.

Renewable Natural Gas, or RNG, is instrumental in meeting emissions targets by taking methane-producing organic feedstock like disposed food, sewage water, and animal waste and converting it into a carbon-neutral products, including an alternative to traditional natural gas. FortisBC Energy is a climate control steward in Western Canada, ramping supply agreements with companies such as EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) (https://ibn.fm/TIUfH) to keep up with demand from a waiting list of customers as part of a broader plan to see British Columbia reach net zero emissions by 2050.

EverGen is an emerging RNG supply leader and organics processor in Canada creating a cluster of facilities to leverage both the attractive organic feedstock tip fees and long-term RNG pricing available. EverGen’s first three owned and operated facilities – Net Zero Waste Abbotsford (“NZWA”), Sea to…

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NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

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