The upgrades will remove processing bottlenecks, provide enhanced flood protection, improve environmental controls, and increase operational reliability to double the processing and recovery capacity of RNG to bring the production capacity of the facility to ~160,000 gigajoules of RNG per year.
The mechanical completion phase signifies the finalization of construction of all major equipment and systems. The project remains on-budget with a total expected cost of ~$12 million.
"We are very pleased to announce the significant milestone of the Fraser Valley Biogas RNG Expansion Project reaching mechanical completion for EverGen’s second RNG expansion project,” said Mischa Zajtmann, CEO of EverGen.
“Our dedicated project team will now shift their focus to the installation of the new control system and commissioning of the facility expansion to achieve RNG production from the new upgrader expected in December 2023.”
The Fraser Valley Biogas RNG Expansion Project is expected to provide significant increases to Revenue, Net Income, and EBITDA through the increased RNG production and improvements in RNG pricing upon the execution of a new long-term offtake agreement.
