EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Poised to Drive RNG-Led Energy Transition; Reports Q2 2022 Results and Highlights
Sep 16, 2022
- EverGen reveals Q2 2022 financials and key growth milestones for expansion across Canada
- Company acquired a 50% interest in Project Radius and a 67% interest in GrowTEC; agreed term sheet for CAD$31 million Senior Term Loan Facility with lenders Roynat and EDC
- EverGen remains primed for a catalyst-rich second half of 2022; appears on track to boost RNG production to satisfy Canada’s swelling demand as consumers flock to the renewable natural gas space
“We have positioned EverGen as a leading RNG platform with a core operating portfolio and pipeline of projects in Canada set to deliver significant RNG volumes and accelerate the energy transition,” were the words of Chase Edgelow, CEO of EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF) as the company reported financial results as at and for the three- and six-month periods ended June 30, 2022 (https://ibn.fm/CboZ3). Second quarter updates and highlights include milestones such as expansion across Canada, where the company now boasts a presence in three of the country’s four largest jurisdictions for RNG.
Remaining laser-focused on its commitment to cater to the ballooning demand for renewable natural gas, EverGen has continued to execute its rapid growth strategy in Q2 2022. As a result, the company acquired a 50% interest in a portfolio of RNG development projects in Ontario called Project Radius – a…
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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