GreenEnergyBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Signs $31M Definitive Agreement with Roynat Capital, Export Development Canada
EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has entered a definitive agreement with existing lenders Roynat Capital (a subsidiary of the Bank of Nova Scotia) and Export Development Canada (EDC). According to the announcement, the agreement outlines the terms for a $31 million syndicated senior term loan, with Roynat and EDC each providing 50% of the proceeds. The company noted that funds will be used to support the upgrade and construction of EverGen’s RNG facilities, to provide $15 million for refinancing of existing debt and construction at Fraser Valley Biogas (“FVB”) and to provide $16…