EverGen Infrastructure Corp. EVGIF Archives

WednesdayJun 28, 2023 11:55 am

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Receives $15M Funding from Clean Fuels Fund

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has been awarded $10.5 million from Natural Resources Canada’s (“NRCan”) Clean Fuels Fund. The funding will support the development of the company’s Renewable Natural Gas (“RNG”) expansion at its Pacific Coast Renewables (“PCR”) facility. The Clean Fuels Fund is a program developed by the Canadian government to support the growth of the domestic clean fuels industry, thereby reducing Canada's greenhouse gas emissions. According to the announcement, the Pacific Coast Renewables RNG expansion project is now fully funded. The company stated that the facility expansion, which is designed to…

TuesdayJun 06, 2023 9:45 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Provides Viable Renewable Energy Solutions That Reduce Methane Emissions

Methane is believed to cause climate change by trapping 86 times more heat in the atmosphere than carbon dioxide EVGIF advances RNG technology that negates the effects of methane while combatting carbon dioxide production caused by burning natural gas The RNG production process produces biogas that can be refined and purified to create pipeline-quality RNG, which can be injected into current networks EverGen aims to create an RNG network comprising 20+ facilities across Canada within five years Methane is released while producing and transporting coal, natural gas, and oil. As a result, climate justice activists believe methane causes climate change…

FridayJun 02, 2023 9:00 am

Biogas Boom: EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF)’s Leadership Position in Canada’s Global Sustainability Push

In 2019, Quebec became the first Canadian province to mandate the inclusion of renewable natural gas (“RNG”) in natural gas distribution; other provinces have followed suit EverGen Infrastructure as a renewable energy leader in Canada, specializing in RNG with operations in B.C., Alberta, and Ontario EverGen has agreements with provincial governments and businesses to bat for organic feedstock and supply agreements with major Canadian utilities, including FortisBC, to include RNG in their pipelines Renewable energy forms a cornerstone of environmental sustainability, with nations worldwide realizing the immense potential of harnessing naturally occurring energy sources. One such pivotal renewable source is…

TuesdayMay 30, 2023 9:45 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Emerges as an Early Front-Runner Amidst RNG Sector ‘Gold-Rush’

Renewable Gas production has rapidly come into vogue, partially due to a wide array of tax credits provided to the sector under the auspices of the U.S.’ Inflation Reduction Act The push to develop RNG generation capacity has led to a spate of M&A within the sector, headlined by BP’s $4.1bn acquisition of Archaea Energy in late 2022 EverGen Infrastructure has been an early mover within the industry, with ambitious stated plans to own and manage 20 RNG-generating facilities across Canada within 5 years The company is seeking to capitalize on the exponential growth trends within the sector, which is…

ThursdayMay 25, 2023 12:20 pm

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Releases First-Quarter 2023 Financial Report

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, is reporting on the financial results and corporate milestones for its Q1 2023, or the period ending March 31, 2023. Financial highlights from the report include an 18% increase in revenue, from C$1.4 million in Q1 20 22 to C$1.7 million; cash and cash equivalents totaling C$5.8 million; net loss of C$1 million for the quarter; and Adjusted EBITDA of $0.02 million, a decrease from C$0.6 million in Q1 2022. Corporate milestones from the report include the completion of phase 1 of the company’s strategic GrowTEC RNG expansion; the execution…

FridayMay 19, 2023 9:45 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Continues to Grow Through Regional Expansion and Cross-Market Opportunities

As a natural byproduct of landfills and animal waste, RNG presents a powerful tool for reducing environmental impact: it helps curb carbon emissions, diverts organic waste from landfills and has the potential to revolutionize transportation Committed to accelerating the shift of the grid to renewable natural gas (“RNG”), EverGen Infrastructure acquires, develops and manages RNG systems that aim to bring sustainable energy from organic waste into the North American gas grid EverGen deploys a growth strategy that is based on a combination of regional expansion that replicates the company’s business model regionally and cross-sector expansion whereby EverGen seeks to capitalize…

ThursdayMay 18, 2023 11:13 am

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Anticipates Releasing Q1 2023 Financial Report Next Week

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, plans to release its 2023 first-quarter financial results next week; the company announced it would release the report on May 24, 2023, after market close. In addition, the company announced plans to host a webinar at 10 a.m. ET on May 25, 2023. EverGen CEO will facilitate the event and will discuss the company’s results as well as provide a corporate update. To view the webinar, visit https://ibn.fm/oVOqB To view the full press release, visit https://ibn.fm/c6OGS About EverGen Infrastructure Corp. EverGen, Canada’s renewable natural gas infrastructure platform, is combating…

MondayMay 15, 2023 12:00 pm

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Powering a Sustainable Future: The Incredible Whole-System Benefits of Biomethane

The European Biogas Association estimates the EU region could rise to 133-283 billion euros annually by 2050 EverGen Infrastructure provides a whole-system renewable natural gas solution that converts organic waste to valuable products while reducing pollutive emissions EverGen has assets in three Canadian provinces, including operational facilities in B.C. and Alberta and partnerships with FortisBC, small businesses, and municipalities Organic waste, which includes agricultural residues, food waste, and yard waste, was historically an infinite liability bound for landfills and incinerators. Thanks to modern technologies like those of EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), that same waste is now a valuable…

FridayApr 28, 2023 11:15 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Playing a Key Role Within the Global Pledge to Stop Methane Emissions

Inflating air pollution levels are increasingly contributing to rising respiratory infections and mortality rates around the world A key source of air pollution is derived from methane emissions, released by organic waste products RNG has emerged as a solution by which captured methane can be turned into a carbon neutral energy source EverGen Infrastructure has rapidly emerged as one of Canada’s leading RNG suppliers, with an ambitious long-term growth plan India’s capital, New Delhi is a teeming metropolis and home to upwards of 25 million people; it is also one of the most polluted cities in the world. In 2019,…

WednesdayApr 26, 2023 9:00 am

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…

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