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Evergen Infrastructure Corp. Signs Term Sheet For $31 Million Senior Term Loan To Support The Funding Of Near-Term Rng Facility Upgrades & Delivery Of Expansion Projects

Aug 10, 2022•almost 3 years ago

Amount Raised

$31 Million

VancouverEnergyRenewable EnergyOil And GasNatural ResourcesSustainability

Description

EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQB: EVGIF), is pleased to announce that it has signed a term sheet with its existing lender, Roynat Capital (a subsidiary of Scotiabank) and Export Development Canada (“EDC”) for a $31 million syndicated senior term loan (the “Facility”) to support the upgrade and construction of its Renewable Natural Gas (“RNG”) facilities at Fraser Valley Biogas (“FVB”) and Net Zero Waste Abbotsford (“NZWA”), respectively.

Company Information

Company

EverGen Infrastructure Corp

Location

Vancouver, Washington, United States

About

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. EverGen is an established independent renewable energy producer which 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 Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

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