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DevvStream ( (DEVS) ) has shared an update.
DevvStream has entered into a carbon management agreement with Energy Efficient Technologies (EET), an engineering firm known for reducing electricity use in commercial buildings. This partnership expands DevvStream’s portfolio to include building-efficiency assets and introduces new revenue streams from carbon credits and shared energy savings. The collaboration is expected to diversify DevvStream’s income and enhance its market positioning by tapping into the growing demand for energy-efficiency credits. EET’s proven track record with major clients like Marriott and McDonald’s supports the potential for significant environmental and financial benefits, positioning DevvStream to monetize large-scale energy savings effectively.
More about DevvStream
DevvStream is a leading carbon management firm founded in 2021, specializing in the development, investment, and sale of environmental assets. The company focuses on aligning sustainability with profitability, offering solutions across carbon markets and energy transition. It operates in three strategic domains: offset portfolio management, project investment and acquisitions, and project development, aiming to provide end-to-end solutions for organizations seeking to achieve climate initiatives and improve financial health.
Average Trading Volume: 17,894,814
Technical Sentiment Signal: Sell
Current Market Cap: $11.25M
For a thorough assessment of DEVS stock, go to TipRanks’ Stock Analysis page.