DevvStream Signs Carbon Management Agreement with Energy Efficient Technologies

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[{"type":"text","content":"Partnership expands DevvStream's pipeline with efficiency-based environmental assets and shared energy-savings revenue","length":122,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - June 20, 2025) - DevvStream Corp. (NASDAQ: DEVS), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, today announced a carbon-management agreement with Energy Efficient Technologies ("EET"). EET is an engineering firm that reduces electricity use in commercial buildings by an average 8%-35% and has validated savings for numerous large-scale clients, including a global hospitality group operating more than 8,000 hotels across more than 130 countries, the world's largest quick-service restaurant network, and one of the world's largest brewing companies, with flagship beer brands sold in over 100 markets.","length":724,"tagName":"p"},{"type":"text","content":"Deal highlights","length":15,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Two revenue streams. Pursuant to the agreement, DevvStream will receive revenue from EET's carbon credits and international renewable energy certificates ("I-RECs") and share in verified utility-bill savings.","length":222,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"New vertical. Adds building-efficiency assets to DevvStream's hydro, solar, waste-to-energy, carbon-capture, and biogas portfolio of projects and partners.","length":159,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Large addressable market. EET estimates that deploying its CryoGenX4™ across 8,000 data centers could save (US) $20 billion in power costs, cut 166 billion kWh, and avoid 117 million tonnes of CO₂ per year—showing the scale DevvStream can help monetize.","length":271,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Growing demand. Companies seeking scope-2 reductions increasingly view energy-efficiency credits as a cost-effective decarbonization path.","length":138,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":790,"olType":false},{"type":"text","content":""We believe EET's proven record of double-digit energy savings positions us to unlock a ...

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