- EverGen Infrastructure have expanded its operations to encompass organic waste processing, through its Sea to Sky Soils facility
- Sea to Sky Soils, which is operated in partnership with the Lil’wat First Nation, processes organic material into a wide variety of quality soils, compost and landscape material
- The waste processor recently signed an agreement with a BC district ensuring the supply of over 10,000 tonnes of organic waste feedstock per annum over the next 3 years
- With EverGen playing an increasingly crucial role in furthering Canada’s net zero ambitions, the company’s CEO Chase Edgelow was recently recognized in The Global and Mail’s annual list of 50 Changemakers
EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), has long operated at the forefront of Canada’s renewable natural gas (“RNG”) industry. Whilst relatively nascent in nature, the renewable natural gas sector – comprising of processed biogas sourced from landfills, dairy farms and organic waste, has experienced tremendous growth in recent years with production facilities increasingly being rolled out across the U.S. and Canada. In 2021 alone, RNG production capacity in the United States swelled to approximately 660 million gallons gasoline equivalents (“GGE”), a 20 percent increase relative to the prior year. Since commencing operations 12 years ago, EverGen has been an active participant in the sector’s exponential growth trajectory. Boasting 4 revenue generating assets already in operation, the company has recently announced plans to grow its cumulative gross RNG generating capacity to 480,000 gigajoules of energy per annum in the near future, a process which could grow the company’s EBITDA by upwards of 300 percent (https://ibn.fm/Elrfi).
Whilst it has established itself as a mainstay within the RNG field, EverGen Infrastructure have sought to adopt an increasingly holistic view surrounding the renewable energy and waste processing industry. In early 2022, Canada announced its goal to decrease the quantity of waste deposited in its landfills by…
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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