DevvStream Affiliate Monroe Sequestration Partners Signs Agreement with Southern Energy to Anchor Major Carbon Capture Project in Louisiana

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[{"type":"text","content":"DevvStream's October 2024 acquisition of 50% of the common interests in Monroe Sequestration Partners directly connects the Company to one of the Gulf Coast's most strategic carbon storage and clean fuel sectors","length":219,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - DevvStream Corp. (NASDAQ: DEVS) ("DevvStream" or the "Company"), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, today announced that Monroe Sequestration Partners ("Monroe"), in which DevvStream acquired a 50% common-interest stake in October 2024, has signed a Collaboration Agreement (the "Agreement") with Southern Energy, a Wyoming-based clean fuels company proposing the development of a $1 billion (USD) methanol and sustainable aviation fuel ("SAF") facility in Louisiana.","length":645,"tagName":"p"},{"type":"text","content":"The Agreement outlines a strategic partnership in which Monroe would provide permanent CO₂ sequestration through its Class VI storage site, expected to be operational in 2027, while Southern Energy would capture emissions from its planned biomass-to-fuel facility, targeting production in 2028. The parties aim to generate high-quality carbon credits and support compliance with global decarbonization mandates in aviation and maritime transport industries. The Company anticipates entering into additional definitive binding agreements reflecting the terms outlined in the Agreement during Q2 of this year.","length":613,"tagName":"p"},{"type":"text","content":""Monroe's combination of Class VI storage readiness, local access, and commercial reach positions it among the most advanced carbon storage developers in the country," said Carl Stanton, Chairman of DevvStream. "Louisiana is quickly becoming the carbon capture capital of the U.S., and this agreement underscores Monroe's leadership in delivering durable, monetizable carbon removal solutions."","length":422,"tagName":"p"},{"type":"text","content":"About Southern Energy's Project","length":35,"tagName":"p"},{"type":"text","content":"Southern Energy plans to build a biomass-to-fuel facility in Louisiana to produce low-carbon methanol and S...

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