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EverGen Infrastructure Corp. reports developments tied to its renewable natural gas infrastructure platform in Canada. The company acquires, develops, builds, owns and operates renewable natural gas, waste-to-energy and related infrastructure projects, with operating updates centered on RNG production, carbon credit revenue, tipping volumes and facility optimization.
Recurring company news also covers project and commercial activity at assets such as Fraser Valley Biogas, GrowTEC, Pacific Coast Renewables and Prairie Sky Organics, including offtake arrangements, construction milestones, financing transactions, private placements, equity incentives, shareholder voting matters, governance updates and periodic financial results.
EverGen Infrastructure (OTCQB:EVGIF) announced a debt refinancing and private placement update dated January 13, 2026. Through subsidiary Fraser Valley Biogas, EverGen entered a Credit Agreement with Farm Credit Canada for a $13 million term loan plus a $250,000 operating line, with closing and funding expected in the coming days subject to customary conditions. The company is also extending its previously announced non-brokered private placement: the first tranche closed May 21, 2025 for $5,000,000 (8,333,333 shares at $0.60), and the second tranche is for up to 3,333,334 shares for gross proceeds up to $2,000,000 at $0.60 per share, subject to TSX Venture approvals and a four-month plus one-day hold period.
EverGen Infrastructure (OTCQB: EVGIF) reported Q3 2025 results with record quarterly RNG production and operational milestones alongside mixed financials. Revenue was $2.81M (down 22% year-over-year) while RNG output rose to 51,770 GJ (up 27% YoY); cash and equivalents strengthened to $2.91M. The company reported a $1.11M net loss, EBITDA fell to $0.205M, and adjusted EBITDA was $0.471M. EverGen advanced refinancing, targeting a $13M FVB debt facility to close in Q4 2025 and secured Abbotsford City Council support for its PCR RNG expansion in July 2025.
EverGen Infrastructure (OTCQB:EVGIF) reported Q2 2025 financial results, highlighting significant operational and strategic developments. The company completed a $5 million private placement with Ask America, LLC in May 2025 and secured commitments for up to $2 million in additional equity financing.
Key financial metrics show revenue of $2.78 million, down 34% year-over-year, with a net loss of $1.95 million. However, RNG production increased 17% year-over-year, setting a new quarterly record of 49,297 gigajoules. The company is progressing with a $13 million debt refinancing for its Fraser Valley Biogas facility, expected to complete in Q3 2025.
EverGen initiated optimization activities across core assets, which temporarily impact revenues but are expected to enhance long-term growth potential and cash flow generation.
EverGen Infrastructure (OTCQX:EVGIF) has scheduled the release of its 2025 second quarter financial results for August 21, 2025, after market close. The company will host a conference call to discuss results and provide a corporate update on Friday, August 22, 2025, at 11:00 AM ET. The call will be led by CEO Chase Edgelow and will be accessible via Zoom.
EverGen Infrastructure reported strong financial growth in Q4 and full-year 2024, with quarterly revenues increasing 37% to $3.2 million and annual revenues rising 69% to $14.2 million. The growth was primarily driven by increased Renewable Natural Gas (RNG) production following expansion projects.
Despite revenue growth, the company recorded a net loss of $14.4 million in Q4 and $17.1 million for the fiscal year, mainly due to non-cash impairment losses at Sea to Sky Soils and GrowTEC. Adjusted EBITDA improved significantly, reaching $2.9 million for 2024, up 269% from $0.8 million in 2023.
Key operational metrics showed substantial improvement, with RNG production more than doubling to 160,027 gigajoules in 2024. The company's strategic investments in Fraser Valley Biogas expansion and GrowTEC optimization contributed to the enhanced RNG revenue growth, positioning EverGen for continued expansion in the renewable energy sector.
EverGen Infrastructure (TSXV: EVGN) (OTCQX: EVGIF) has provided operational updates for its facilities. At Pacific Coast Renewables (PCR), the company secured increased tipping fees to offset higher operating costs resulting from enhanced regulatory standards and a December 2024 fire. Record rainfall in Greater Vancouver impacted processing capabilities. The PCR RNG expansion project received endorsement from Abbotsford's Agricultural Advisory Committee, with final Agricultural Land Commission review expected in H2 2025.
At Prairie Sky Organics, EverGen and the City of Regina agreed to terminate their organic waste processing agreement effective January 31, 2025. Additionally, the company formed a Special Committee to evaluate multiple inbound interests regarding potential strategic transactions, though no specific decisions have been made.
EverGen Infrastructure reported Q3 2024 financial results showing significant growth. Revenue increased 57% to $3.6 million from $2.3 million in Q3 2023, driven by record RNG production at Fraser Valley Biogas. Net loss improved by 57% to $0.5 million from $1.1 million year-over-year. Adjusted EBITDA grew 157% due to increased revenues and reduced administrative expenses. The company achieved record RNG production with 40,674 gigajoules, up 65% year-over-year. GrowTEC commenced RNG supply to FortisBC Energy under a 20-year agreement and received $2M government funding for expansion.
EverGen Infrastructure Corp. (TSXV: EVGN) (OTCQX: EVGIF) has announced it will release its 2024 third quarter financial results on Wednesday, November 20, 2024, after market close. The company will host a results and corporate update conference call on Thursday, November 21, 2024, at 1:00 p.m. Eastern Time. The call will be led by CEO Mischa Zajtmann and CFO Sean Hennessy.
EverGen Infrastructure Corp. (TSXV: EVGN) (OTCQX: EVGIF) has announced that its operating farm scale biogas facility, Grow the Energy Circle (GrowTEC), has been awarded up to $2 million from Agriculture and Agri-Food Canada (AAFC) for Phase 2 of its anaerobic digester expansion project. This funding will support the significant expansion and optimization of RNG production at the GrowTEC facility.
The expansion will increase the facility's annual production capacity to up to 120,000 gigajoules of RNG. EverGen plans to install preprocessing and depackaging equipment to broaden the range of organic waste the facility can process and enhance the RNG upgrading system. The GrowTEC facility currently holds two long-term offtake agreements: a 20-year contract with FortisBC and a 10-year contract with Irving Oil.