EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Boasts Unique Position Within RNG Space; Put Its Foot on the Pedal for Development Projects
- Chase Edgelow, Co-Founder and CEO of EverGen Infrastructure was featured in a recent Bell2Bell Podcast episode where he discussed the company’s milestones achieved in 2022, such as public debut on the OTCQX, $31m debt facility and expansion of core assets portfolio, as well as operational plans for 2023
- Company boasts liquidity that allows it to continue to build infrastructure assets out, grow and expand its team, and accelerate development projects in the space
- EverGen’s business model based on low-risk, long-term contracted recurring revenue positions the company in a unique place within RNG – the space increasingly eyed by large-scale enterprises
“We’ve come a tremendous way in building out our platform over the last 12 months. If you look at where we started from about 12 months ago, we had three core assets. We now have five core assets”, said in a recent Bell2Bell Podcast episode Chase Edgelow, Co-Founder and CEO of EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas infrastructure platform. “And we raised a $31 million debt facility from a subsidiary of Scotiabank and Export Development Canada, which gives us liquidity to continue to build these infrastructure assets out and continue to grow and expand our team and put our foot on some significant development projects in the space”, he continued.
As a renewable natural gas infrastructure platform, EverGen develops, owns and operates facilities that take organic waste, and output digestate and biogas, a carbon-negative fuel that can be injected back into the grid and used by local gas utilities. “If we look at the renewable natural gas space, there are…
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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