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DevvStream ( (DEVS) ) has issued an announcement.
The Louisiana Community Development Authority has authorized up to $402 million in revenue bonds to support Southern Energy Renewables’ biomass-to-fuel facility in Louisiana. This approval marks a significant step in the project finance process, potentially strengthening U.S. energy leadership by providing advanced fuels domestically and internationally, while supporting local jobs and aligning with federal energy security objectives.
More about DevvStream
DevvStream Corp. is a leading firm in carbon management and environmental-asset monetization, focusing on creating sustainable solutions. The company collaborates with Southern Energy Renewables Inc., a U.S.-based producer of low-cost fuels derived from biomass, aiming to deliver green methanol and carbon-negative sustainable aviation fuel at scale.
Average Trading Volume: 181,018
Technical Sentiment Signal: Sell
Current Market Cap: $7.34M
For an in-depth examination of DEVS stock, go to TipRanks’ Overview page.