EverGen Infrastructure launches new new 20-year Biomethane Purchase Agreement with FortisBC Energy

In Canada, EverGen Infrastructure Corp. announced that the new 20-year Biomethane Purchase Agreement previously entered into between FortisBC Energy Inc. and EverGen’s wholly owned subsidiary, Fraser Valley Biogas Ltd. (“FVB”), for Renewable Natural Gas (“RNG”) produced at the FVB facility (the “BPA”) 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 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.

Tags: Canada, EverGen Infrastructure, FortisBC Energy

Category: Fuels