NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Driving RNG Adoption in North America
Company: EverGen Infrastructure Corp. (EVGIF)
Category: Stock Spotlights
April 10, 2023
EverGen (TSX.V: EVGN) (OTCQX: EVGIF) is a leading Canadian renewable energy company and Canada’s renewable natural gas (“RNG”) infrastructure platform. The company is focused on achieving a net-zero future by leveraging the power of RNG, a carbon-neutral alternative to natural gas that is compatible with existing pipeline infrastructure. “EverGen leads RNG adoption in Canada by acquiring, developing and managing a portfolio of RNG and waste-to-energy products while planning to develop an RNG platform of 20+ facilities within five years. The company currently owns and operates five RNG and/or organic processing facilities across Canada. These include Fraser Valley Biogas, Sea to Sky Soils, and Net Zero Waste Abbotsford in British Columbia, a 67% ownership stake in GrowTEC in Alberta, and a 50% stake in Project Radius located in Ontario. RNG generated from several of these projects, including Fraser Valley Biogas, Net Zero Waste Abbotsford, and GrowTEC, is bought by FortisBC through a long-term offtake agreement,” a recent article reads. “Canada is not alone in its push for RNG adoption. The United States and eighteen European Union nations are investing in RNG projects in an effort to reduce emissions and promote sustainability. Further, several North American gas utilities have established targets to incorporate RNG into their natural gas supplies that range from 5-15%. EverGen’s management recognizes this transition as a potential opportunity worth over C$16 billion for RNG producers.”
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About EverGen Infrastructure Corp.
EverGen, Canada’s renewable natural gas (“RNG”) infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer, which acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste to energy and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information, visit the company’s website at www.EverGenInfra.com.
NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://nnw.fm/EVGIF
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