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EverGen Infrastructure Corp hits major milestone signing term sheet for long term offtake agreement

EverGen Infrastructure Corp hits major milestone signing term sheet for long term offtake agreement

EverGen Infrastructure Corp (TSX-V:EVGN) President and COO Mischa Zajtmann joined Steve Darling from Proactive to share news the company’s subsidiary Fraser Valley Biogas has inked a term sheet for a long-term offtake agreement. Zajtmann telling Proactive agreement is expected to cover the purchase of up to 190,000 gigajoules of Renewable Natural Gas. This agreement would replace the retiring RNG offtake agreement that will also feature better terms as the current market pricing is significantly stronger than when the facility originally commenced.