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EverGen Infrastructure Corp adds to portfolio by acquiring a stake in 3 RNG Projects in Ontario

EverGen Infrastructure Corp adds to portfolio by acquiring a stake in 3 RNG Projects in Ontario

EverGen Infrastructure Corp (TSX-V:EVGN) President and COO Mischa Zajtmann joined Steve Darling from Proactive to share news the company has expanded their holding by entering into a definitive agreement with Northeast Renewables to acquire a 50% position in a portfolio of RNG development projects in Ontario. Zajtmann telling Proactive Project Radius which these projects go by are located in southern Ontario and the three high-quality, on-farm RNG projects are in the late stages of development and collectively could be capable of producing ~1.7 million GJ/year of RNG that will contribute to the reduction of emissions from agricultural operations. Construction is expected throughout 2023 and 2024. EverGen also has a letter of intent to acquire a 67% interest in Alberta based GrowTec, which is another Renewable Natural Gas Project which is expecred to come online in Q3 of 2022.

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