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EverGen Infrastructure Corp. ( (TSE:EVGN) ) has issued an announcement.
EverGen Infrastructure Corp. has announced updates on its operations and development projects at the Pacific Coast Renewables and Prairie Sky Organics facilities. At Pacific Coast Renewables, the company has secured increased tipping fees to offset higher operating costs due to regulatory standards and a recent fire. Additionally, the RNG expansion project has received a key endorsement from the City of Abbotsford’s Agricultural Advisory Committee, with further approvals expected later in 2025. Meanwhile, EverGen has mutually terminated its organic waste processing agreement with the City of Regina to focus resources on projects that align with its long-term expansion goals. The company has also formed a special committee to explore potential strategic transactions, indicating interest from multiple parties.
More about EverGen Infrastructure Corp.
EverGen Infrastructure Corp. operates in the renewable energy industry, focusing on developing and managing facilities that produce renewable natural gas (RNG) and organic waste processing. The company is engaged in enhancing environmental performance and expanding its operations to meet regulatory standards and market demands.
YTD Price Performance: -43.23%
Average Trading Volume: 8,503
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$12.35M
For an in-depth examination of EVGN stock, go to TipRanks’ Stock Analysis page.