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EverGen Announces Operational Outperformance at Sea to Sky Soils in Second Half of 2021

The facility processed 160% of budgeted tonnage of organic waste during the last six months of 2021


VANCOUVER, BRITISH COLUMBIA, February 8, 2022 -- EverGen Infrastructure Corp. (TSXV:EVGN) (“EverGen”, or the “Company”), Canada’s Renewable Natural Gas (“RNG”) Infrastructure Platform, announces that its Sea to Sky Soils organic waste processing and composting facility (“Sea to Sky Soils”) processed approximately 160% of its budgeted tonnage in the second half of 2021. In total, Sea to Sky Soils processed approximately 36,000 tonnes of organic waste in 2021. Having maintained permit compliance as expected, Sea to Sky Soils is working with the Ministry of Environment to expand operational capacity in 2022.


EverGen partnered with local municipalities – including Metro Vancouver and the municipality of Pemberton – for the delivery of additional organic waste to the facility throughout 2021 and onward. Further to generating additional revenue, the facility serves as a source of valuable feedstock to support EverGen’s existing and future Renewable Natural Gas (“RNG”) operations.


“Sea to Sky Soils is an important part of EverGen’s RNG infrastructure platform. As a key facility positioned to contribute to our future growth in RNG production, we are excited about the organic waste processing achieved during 2021,” says EverGen Co-Founder and CEO Chase Edgelow. “With increased performance at Sea to Sky Soils we are setting the stage to expand our RNG production across the platform”.


Sea to Sky Soils is one of three projects in EverGen’s portfolio and has been operating near Pemberton, BC on Lil’wat Nation land since 2012. The Lil’wat Nation is a key partner and supporter of the facility, which has employed a majority of staff from the First Nation since inception and supports social, cultural and recreation programs in Mount Currie.


For more information about EverGen, please visit www.evergeninfra.com.

About EverGen Infrastructure Corp.

EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future, starting on the West Coast. Incorporated in 2020, EverGen acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on British Columbia, with continued growth expected across other regions in North America.

For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

EverGen Investor Contact

Kelly Castledine

416-576-8158

kelly@evergeninfra.com

EverGen Media Contact

Katie Reiach

604.614.5283

katie@talkshopmedia.com

Forward-Looking Information

This news release contains forward-looking statements and/or forward-looking information (collectively, “forward looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “would”, “will”, “anticipates”, believes”, “explores” and similar expressions, as they relate to EverGen, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of EverGen with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause EverGen's actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to: the impact of general economic conditions in Canada, including the ongoing COVID19 pandemic; industry conditions including changes in laws and regulations and/or adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, in Canada; volatility of prices for energy commodities; change in demand for clean energy to be offered by EverGen; competition; lack of availability of qualified personnel; obtaining required approvals of regulatory authorities, in Canada; ability to access sufficient capital from internal and external sources; optimization and expansion of organic waste processing facilities and RNG feedstock; the realization of cost savings through synergies and efficiencies expected to be realized from the Company’s completed acquisitions; the sufficiency of EverGen’s liquidity to fund operations and to comply with covenants under its credit facility; continued growth through strategic acquisitions and consolidation opportunities; continued growth of the feedstock opportunity from municipal and commercial sources, many of which are beyond the control of EverGen.


Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such forward looking statements.


The forward-looking statements contained in this release are made as of the date of this release, and except as may be expressly be required by law, EverGen disclaims any intent, obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

EverGen's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits EverGen will derive therefrom.


This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.