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DevvStream Signs Term Sheet With Southern Energy Renewables, Frontline BioEnergy To Expand Partnership To Support Development, De-Risking Of Planned Biomass-To-Fuels, Chemicals Platform In Louisiana

Benzinga·01/28/2026 13:47:40
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DevvStream Corp. (Nasdaq: DEVS) ("DevvStream" or the "Company"), a leading carbon management and environmental-asset monetization firm, today announced that it has signed a term sheet (the "Term Sheet") with Southern Energy Renewables, Inc. ("Southern" or "SER") and Frontline BioEnergy, a trade name of Frontline Group LLC ("Frontline"), that outlines an expanded collaboration to support the development and de-risking of Southern's planned biomass-to-fuels and chemicals platform in Louisiana.

The collaboration is designed to accelerate technical validation and commercialization by expanding Frontline's existing clean-syngas process demonstration unit at its Nevada, Iowa headquarters with two additional pilot-scale capabilities: a syngas-to-methanol process demonstration unit ("MeOH PDU") and a methanol-to-hydrocarbons process demonstration unit ("MTH PDU"). These units are intended to support the production of bio-methanol and the conversion of methanol into sustainable aviation fuel ("SAF") and other hydrocarbon products, generating operational data that Southern expects to apply to engineering, feedstock qualification, and project execution for its proposed Louisiana commercial development pathway, as well as to support the transparency of the $SAF token on Solana.