DevvStream, Southern Energy, and XCF Global Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF Strategy

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[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/34fe215143621f94a68d6745abcf6eac"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jAk5sK_Fm6JK65Rnvgrn2Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/34fe215143621f94a68d6745abcf6eac","width":480,"height":480}},"lazy":false},{"type":"text","content":"MOU outlines plans for the development of a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers","length":177,"tagName":"p","attribs":{}},{"type":"text","content":"SACRAMENTO, Calif., December 16, 2025--(BUSINESS WIRE)--DevvStream Corp. (Nasdaq: DEVS) ("DevvStream"), Southern Energy Renewables Inc. ("Southern"), and XCF Global, Inc. ("XCF") (Nasdaq: SAFX) today announced a non-binding tripartite memorandum of understanding ("MOU") to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate sustainable aviation fuel ("SAF") adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering.","length":590,"tagName":"p"},{"type":"text","content":"By 2030, the U.S. SAF market is projected to reach nearly $7 billion, while global demand is expected to exceed 5.5 billion gallons, with ~4 billion people living in countries that utilize SAF for air transportation, driving the global market past ~$25 billion. Looking ahead to 2050, the global SAF market could exceed ~$250 billion. This collaboration is intended to position the parties with a unified platform that directly supports this long-term growth.","length":459,"tagName":"p"},{"type":"text","content":"The goal of the collaboration is to increase long-term SAF supply across multiple production pathways, and to advance the transparency and commercialization of environmental attributes. As part of the negotiation of a binding agreement, the parties expect to evaluate the commercial viability of developing a HEFA-based "Gen 1" SAF facility in Louisiana alongside Southern’s previously announced biomass-based "Gen 2" SAF gasification fa...

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