20:44:02 EST Fri 16 Jan 2026
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or Name
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Evergen Infrastructure Corp
Symbol EVGN
Shares Issued 22,428,056
Close 2026-01-15 C$ 0.46
Market Cap C$ 10,316,906
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Evergen's RNG offtake FortisBC now in effect

2026-01-16 15:06 ET - News Release

Mr. Chase Edgelow reports

EVERGEN INFRASTRUCTURE ANNOUNCES NEW 20-YEAR OFFTAKE AGREEMENT WITH FORTISBC ENERGY INC. NOW IN EFFECT

The new 20-year biomethane purchase agreement (BPA) previously entered into between FortisBC Energy Inc. and Evergen Infrastructure Corp.;s wholly owned subsidiary, Fraser Valley Biogas Ltd. (FVB), for renewable natural gas (RNG) produced at the FVB facility is now in effect.

Under the BPA, FortisBC will purchase RNG from FVB for inclusion in its natural gas system. When RNG is added to the North American gas system, it mixes with conventional natural gas. The more RNG is added to the gas system, the less conventional natural gas is needed, thereby helping to reduce the use of fossil fuels and overall GHG (greenhouse gas) emissions. The agreement supports FortisBC's growing renewable and lower-carbon gas supply while providing Evergen with a long-term, contracted revenue stream from one of British Columbia's earliest RNG supply relationships. FortisBC works with farms, landfills, energy companies and municipalities in British Columbia and elsewhere.

"We would like to thank FortisBC for their continued support as a valued stakeholder of Evergen and the Fraser Valley Biogas RNG facility," said Chase Edgelow, co-founder and chief executive officer of Evergen. "This agreement reflects the strength of our long-standing relationship with FortisBC and reinforces the stability and durability of our RNG platform."

"Our agreement with Evergen strengthens a long-standing partnership that has helped build British Columbia's renewable and lower-carbon gas system," said Nick Bloomfield, director of renewable gas and low-carbon fuels at FortisBC. "This 20-year biomethane purchase agreement reinforces our commitment to securing a stable supply of locally produced RNG and supports the continued growth of a lower-carbon, more resilient energy system while meeting B.C. climate action goals."

About Fraser Valley Biogas

FVB, a wholly owned subsidiary of Evergen, is the original producing RNG project in Western Canada and first project to inject RNG into FortisBC's network, part of the North American natural gas infrastructure network. The facility combines anaerobic digestion and biogas upgrading to produce RNG, including converting agricultural waste from local dairy farms. FVB also produces an organic liquid fertilizer that is used by surrounding farms to displace synthetic fertilizers. This macronutrient-rich, odour-free fertilizer has been a key part of many local farms' nutrient management planning for over a decade.

About Evergen Infrastructure Corp.

Evergen, Canada's renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, Evergen is an established independent renewable energy producer that acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste-to-energy and related infrastructure projects. Evergen is focused on Canada, with continued growth expected across other regions in North America and beyond.

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