EverGen Raises Further $17 Million for Canadian Sustainable RNG Infrastructure Projects
03/25/21, 1:02 PM
Location
vancouver
Money raised
$17 million
EverGen, Canada’s Renewable Natural Gas (RNG) Infrastructure Platform, announces that it has completed raising an additional $17 million to address a significant gap in renewable infrastructure across Canada, specifically focused on acquiring and building RNG & sustainable waste to energy projects. EverGen has raised $8 million in equity capital (via a special warrants offering) and secured a senior debt facility of $9 million to pursue this strategy. This follows EverGen’s previous financing and major project acquisitions of Sea to Sky Soils in Pemberton, BC and Net Zero Waste Abbotsford Inc. that were completed in December 2020.