DevvStream Corp., a prominent carbon management firm, has announced the signing of a Memorandum of Understanding (MoU) with Fayafi Investment Holding to create "Fayafi x DevvStream Green Ventures." This proposed joint venture aims to accelerate global sustainability investments by unlocking high-impact decarbonization and energy transition opportunities. Structured as an independent entity, the venture will see Fayafi holding an 80% ownership stake while DevvStream retains 20%. DevvStream will act as the operational and technical lead, focusing on carbon credit generation and monetization. Fayafi will leverage its financial and strategic capabilities to provide market access and regulatory approvals. This partnership marks a significant step in DevvStream's strategic growth, enhancing its global presence in energy transition and environmental assets.
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