EverGen Infrastructure (EVGN) Investor presentation summary

Strategic positioning and growth outlook

• Focus on optimizing core RNG and organics processing assets while expanding a disciplined energy infrastructure platform.

• Recent transactions have strengthened the shareholder base, refreshed leadership, and improved balance sheet flexibility through non-recourse, asset-level financing.

• Visible path to EBITDA growth driven by asset optimization and expansion, with production targets of 230,000 GJ near term, 330,000 GJ medium term, and 500,000+ GJ long term.

• Platform is positioned to consolidate a fragmented Canadian RNG and organics market, supported by favorable regulatory tailwinds.

Asset portfolio and operations

• Four core operating assets with 190,000 tonnes per annum organics processing capacity and two core RNG assets producing 230,000 GJ per year.

• Key assets include Fraser Valley Biogas, GrowTEC, Pacific Coast Renewables, and Sea to Sky Soils, each with unique revenue mixes and long-term offtake agreements.

• Expansion projects and greenfield developments are underway, supported by government grants and permit approvals.

• Long-term offtake contracts with utilities like FortisBC and Irving Oil underpin robust project economics, with pricing up to $45/GJ in Canada and $60/GJ in the US.

Financials, ownership, and valuation

• Market cap of C$10.7M, cash position of C$2.1M, and primarily asset-level debt of C$17.5M as of January 31, 2026.

• Board, management, and institutional investors hold 72% ownership.

• Median analyst target price of $2.00 implies a 390% return to target.

• EBITDA forecast to grow from ~$3M today to $20M+ long term, with implied enterprise value rising from ~$40-80M to ~$240-280M.