IBN (InvestorBrandNetwork) Announces Latest Episode of The Bell2Bell Podcast featuring Return of Chase Edgelow, CEO of EverGen Infrastructure Corp.
16 August 2022 - 2:17PM
via InvestorWire – IBN (InvestorBrandNetwork), a multifaceted
communications organization engaged in connecting public companies
to the investment community, is pleased to announce the release of
the latest episode of The Bell2Bell Podcast as part of its
sustained effort to provide specialized content distribution via
widespread syndication channels.
The Bell2Bell Podcast delivers informative updates and exclusive
interviews with executives operating in fast-moving industries.
Bell2Bell’s latest podcast features the return of Chase Edgelow,
Co-Founder and CEO of EverGen Infrastructure Corp. (TSX.V: EVGN)
(OTCQB: EVGIF), Canada’s renewable natural gas infrastructure
platform.
Throughout the interview, Edgelow discussed EverGen’s recent
corporate milestones, beginning with the company’s May acquisition
of a 50% interest in Project Radius.
“Project Radius is a mark of our expansion across Canada,
continuing to build our renewable natural gas (RNG) platform with
three large-scale RNG projects that have the capability of
producing almost two million gigajoules per year once they are
up-and-running,” Edgelow said. “Renewable natural gas, in Canada
and the U.S., is a market that’s really starting to pick up steam.
The gas utilities on both sides of Canada – the West Coast and
Quebec – have both set targets of 15-20% of their volume to come
from RNG or renewable products by 2030.”
“Really, what EverGen is doing is facilitating the build of that
infrastructure to take organic waste and convert it into usable RNG
in the existing pipeline network,” he continued. “The utilities are
providing 20-year offtake agreements for our projects, so this
provides us a stable cashflow profile that allows us to continue to
expand across the country.”
Edgelow then discussed EverGen’s recent signing of a $31 million
senior term loan to support the funding of near-term RNG facility
upgrades and delivery of expansion projects.
“This is extremely important. It demonstrates that we’re fully
funded to take our core expansion projects from where they are
today (we’re cash flow positive today) to north of $13 million in
EBITDA from those core assets, which are located in British
Columbia and Alberta now with our acquisition of GrowTEC,” Edgelow
explained. “Beyond that, what we have is built, bought and paid for
infrastructure at that point that has the capability of generating
an additional $7 million+ of EBITDA from that existing asset base.
With the Project Radius acquisition… we’ve got line-of-sight in our
pipeline to an incremental $15-20 million in EBITDA. When you add
it all together, we’ve got a business capable of delivering $30
million of EBITDA from the portfolio that we have in front of us,
and we see 25+ projects in Canada that could deliver 4x growth
beyond that. There’s a tremendous amount of opportunity in this
space right now.”
Join IBN’s Stuart Smith and Chase Edgelow, Co-Founder and CEO of
EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF), to learn
more about the industry tailwinds creating growth opportunities for
EverGen and the company’s goals for the balance of 2022 and
beyond.
To hear the episode and subscribe for future podcasts,
visit https://podcast.bell2bell.com.
The latest installment of The Bell2Bell Podcast continues to
reinforce IBN’s commitment to the expansion of its robust network
of brands, client partners, followers and the growing IBN Podcast
Series. For more than 15 years, IBN has leveraged this commitment
to provide unparalleled distribution and corporate messaging
solutions to 500+ public and private companies.
To learn more about IBN’s achievements and milestones via a
visual timeline, visit: https://IBN.fm/TimeLine
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
which 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.
For more information, visit the company’s website at
www.evergeninfra.com
About IBN
IBN consists of financial brands introduced to the investment
public over the course of 15+ years. With IBN, we have amassed a
collective audience of millions of social media followers. These
distinctive investor brands aim to fulfill the unique needs of a
growing base of client-partners. IBN will continue to expand our
branded network of highly influential properties, leveraging the
knowledge and energy of specialized teams of experts to serve our
increasingly diversified list of clients.
Through NetworkNewsWire (“NNW”) and its Investor Brand Platform,
IBN provides: (1) access to a network of wire solutions via
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http://IBN.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Corporate Communications
IBN (InvestorBrandNetwork)Los Angeles,
Californiawww.InvestorBrandNetwork.com310.299.1717
OfficeEditor@InvestorBrandNetwork.com
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