Devvstream affiliate monroe sequestration partners signs agreement with southern energy to anchor major carbon capture project in louisiana

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 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. 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.
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