EverGen signs 20-year RNG agreement with FortisBC at Fraser Valley biogas plant

Under the terms of the agreement, FortisBC will purchase renewable natural gas (“RNG”) from FVB for injection into its natural gas system. This agreement ensures a stable and predictable supply of RNG for FortisBC, while providing EverGen with a reliable customer and long-term revenue source.

“The conclusion of this agreement further strengthens EverGen’s long-standing relationship with FortisBC,” said Mischa Zajtmann, CEO of EverGen. “We would like to thank FortisBC for their continued support as a valued stakeholder in the EverGen platform.”

“We are pleased to continue our partnership with EverGen and Fraser Valley Biogas, one of our first RNG suppliers,” said David Bennett, director of renewable gas and low carbon fuels at FortisBC. “By continuing to increase the supply of RNG, we are helping to reduce greenhouse gas emissions and supporting our vision that by 2050, approximately 75% of the gas in our system will come from renewable and low-carbon sources.”

EverGen also concluded a long-term contract for the supply of raw materials with a consolidator dealing with waste collection in the region. The secured raw material represents over 50% of the off-farm waste required to achieve the performance stated on the nameplate.

“Securing this long-term, energy-rich waste, along with our previously secured feedstock streams, ensures the safety of the FVB project feed,” said Mischa Zajtmann, CEO of EverGen. “Through long-term raw material offtake and supply agreements, EverGen has significantly reduced the risk of the FVB project.”