EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has executed a 20-year offtake agreement with FortisBC Energy Inc. through its wholly owned subsidiary Fraser Valley Biogas Ltd.; the agreement is subject to the acceptance by the British Columbia Utilities Commission. According to the announcement, the agreement outlines details for the purchase of up to 160,000 GJs of RNG annually by FortisBC. The company also announced a long-term feedstock supply agreement with a waste disposal consolidator in the region representing more than 50% of off-farm waste required to achieve name plate capacity. “The execution of this agreement has further solidified EverGen’s long-standing relationship with FortisBC,” said EverGen CEO Mischa Zajtmann in the press release. “Securing this long-term energy rich waste, along with our previously secured feedstock streams, ensures input security for the FVB project. With both offtake and feedstock agreements in place on a long-term basis, EverGen has significantly derisked the Fraser Valley Biogas project.”
To view the full press release, visit https://ibn.fm/dfJhJ
About EverGen Infrastructure Corp.
EverGen, Canada’s renewable natural gas 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 that 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 about EverGen and its products, visit www.EverGenInfra.com.
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