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EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Expands Asset Portfolio, Secures Financing Package

  • Global atmospheric methane emissions hit new record growth rates in both, 2020 and 2021
  • Methane is responsible for a third of the 1.1c increase in global temperatures since pre-industrial times
  • The recent increase in methane emissions have been traced to microbial sources, a finding which has increased the urgency to decarbonize organic and agricultural waste products
  • EverGen Infrastructure have established themselves as the leading renewable natural gas infrastructure platform in Canada, recently expanding its asset portfolio through two major acquisitions
  • The Company has also recently agreed to a $31 million loan facility, fully financing its upcoming capital requirements

Every year, 6,000 flasks of air arrive at the US National Oceanic and Atmospheric Administration’s Global Monitoring Laboratory in Boulder, Colorado. Inside each of the flasks is a sample of air, drawn from one of a chain of 50 monitoring stations that span the globe. About 15 years ago, researchers at the laboratory observed an uptick in atmospheric methane within the samples they were receiving, a phenomenon initially attributed to the prolific use of fossil fuels around the world. Since then, that uptick has become a veritable surge – a source of growing concern given its implications for global warming: over a third of the 1.1-centigrade increase in global temperatures since pre-industrial times can be directly attributed to rising concentrations of methane in the atmosphere (

Scientists have now attributed the recent increase of Methane production to microbial sources, a term encompassing emissions resulting from the like of wetlands, cattle, and landfills. The record growth rate witnessed within atmospheric methane releases in 2021 in particular has increased the urgency to…

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