EverGen Infrastructure Corp. (TSE:EVGN) has released an update.
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EverGen Infrastructure Corp. announced significant growth with the completion of the Fraser Valley Biogas Expansion, securing a five-year waste processing deal with Abbotsford, and initiating funding agreements to further expand renewable projects. The company reported increased revenues for Q4 and the fiscal year 2023, though faced higher net losses due to finance costs and decreased insurance proceeds. Despite these challenges, EverGen is poised for future revenue growth following its recent expansions.
For further insights into TSE:EVGN stock, check out TipRanks’ Stock Analysis page.
