Flush With Cash and Expanding, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Building Momentum as RNG Popularity Grows
RNG currently comprises only 0.3% of the North American natural gas distribution network, with expectations for 5% penetration in the next 5 years EverGen Infrastructure is a first mover in the market, with established projects, RNG sales, and expansion ongoing throughout Canada. EverGen recently released Q3 results, a quarter that featured steady revenue, acquisition of majority stake in GrowTEC, fully funded on-time and on-budget construction, and CDN$12.8 million post capex spend Renewable natural gas (“RNG”) is a niche market that is expected to transition into a mainstream replacement for conventional natural gas in response to demand for sustainable fuels and…