DevvStream Signs Term Sheet for Potential Three-Party Merger with Southern and XCF

Reuters

Jan 28

DevvStream Signs Term Sheet for Potential Three-Party Merger with Southern and XCF

DevvStream Corp. has signed a term sheet with Southern Energy Renewables, Inc. and Frontline BioEnergy, outlining 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 also intended to advance strategic objectives related to a potential three-party merger involving DevvStream, Southern, and XCF Global, Inc. If definitive agreements are reached, the partnership aims to validate Southern's biomass-to-methanol and methanol-to-jet pathways, complement XCF's expertise in sustainable aviation fuel production, and further de-risk commercialization efforts for the proposed Louisiana project. Under the arrangement, Frontline would serve as Southern's exclusive gasification provider for five years, while DevvStream would manage carbon credits and environmental assets for Southern's commercial projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DevvStream Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260128003263) on January 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DevvStream Corp. published the original content used to generate this news brief via Business Wire (Ref. 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