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EVERGEN INFRASTRUCTURE CP - $EVGIF STOCK NEWS

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EverGen Infrastructure Corp. reported audited financial results for Q4 2023, showing a 35% increase in revenues to $2.3 million and a net loss of $1.8 million. The company highlighted key milestones like the Fraser Valley Biogas Expansion and secured agreements to support future projects. Despite revenue growth, the net loss increased due to various factors, including finance costs and insurance proceeds. Adjusted EBITDA decreased compared to the previous year. CEO Mischa Zajtmann expressed optimism for continued growth in 2024.
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EverGen Infrastructure Corp. announces the release of its 2023 fourth quarter and annual financial results on April 22, 2024, with a conference call hosted by CEO Mischa Zajtmann on April 23, 2024, at 10:00 a.m. ET.
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EverGen Infrastructure Corp. achieves significant milestones in Renewable Natural Gas production at the Fraser Valley Biogas facility, setting new daily and monthly production records. The successful integration of new systems highlights operational efficiency and capacity expansion, demonstrating the company's commitment to meeting growing demand for RNG in Canada.
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EverGen Infrastructure Corp. (EVGIF) has granted deferred share units and stock options to its Board of Directors, as part of the Equity Incentive Plan. The company has also applied to amend the term of performance share units and stock options issued to a consultant, with the changes approved by the TSX Venture Exchange without requiring shareholder approval.
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EverGen Infrastructure Corp. (EVGN) has successfully completed the Fraser Valley Biogas expansion, positioning itself as a leader in Renewable Natural Gas production. The facility is expected to double its output, producing 160,000 gigajoules of RNG annually.
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EverGen Infrastructure Corp. (EVGN) has renewed a 5-year agreement with the City of Abbotsford to process 16,000 tonnes of organic waste annually at its Pacific Coast Renewables facility. The agreement includes a 40% increased average price and a strategic compost marketing agreement. The company has completed major upgrades at the facility and signed a marketing agreement for the exclusive supply of all soil produced at PCR.
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EverGen Infrastructure Corp. (EVGN) Achieves Q3 2023 Milestones with Revenue Growth and Reduced Net Loss
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EverGen Infrastructure Corp. (EVGN) Announces Release Date for 2023 Third Quarter Financial Results and Conference Call with CEO Mischa Zajtmann. The company will release its financial results on November 22, 2023, and host a conference call on November 23, 2023, at 10:00 a.m. ET. The CEO, Mischa Zajtmann, will lead the call.
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EverGen Infrastructure Corp. signs a 10-year offtake agreement with Irving Oil Limited for the supply of up to 60,000 gigajoules of renewable natural gas annually from the GrowTEC facility, fully contracting the expected production volumes for both Phase 1 and Phase 2 of the expansion project.
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EverGen Infrastructure Corp. announces the mechanical completion of the Fraser Valley Biogas RNG Expansion Project. The project includes improvements to the feedstock processing system, installation of a new RNG upgrader, and the commissioning of a third anaerobic digester. The upgrades will double the processing and recovery capacity of RNG to bring the production capacity of the facility to ~160,000 gigajoules of RNG per year. The project remains on-budget with a total expected cost of ~$12 million.
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EVERGEN INFRASTRUCTURE CP

OTC:EVGIF

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22.35M
10.92M
11.85%
21.47%
Hydroelectric Power Generation
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