DevvStream Corp.
DevvStream Corp., founded in 2021, is a carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The company's mission is to align sustainability with profitability, assisting organizations in achieving their climate objectives while enhancing their financial performance. DevvStream's registered address is in Calgary, Alberta, Canada, with a U.S. presence in Sacramento, California.
The company operates across three strategic domains: managing an offset portfolio of nature-based, technology-based, and carbon sequestration credits for sale to corporations and governments; pursuing project investments, acquisitions, and industry consolidation in carbon, renewable energy, and environmental credit markets; and providing project development services for activities such as EV charging or renewable energy generation in exchange for a percentage of generated credits or I-RECs. DevvStream also leverages blockchain technology for carbon credit generation and has a digital-asset treasury and tokenization strategy.
Led by CEO Sunny Trinh, DevvStream Corp. has recently been involved in significant corporate activities. As of June 2026, the company announced a definitive agreement to combine with Southern Energy Renewables Inc. and XCF Global under a new U.S.-domiciled, Nasdaq-listed entity, aiming to produce low-cost, carbon-negative sustainable aviation fuel and green methanol. This business combination is reported to be on track. However, DevvStream's common shares were suspended from trading on Nasdaq and subsequently moved to the OTC Markets under the symbol DEVSF as of June 29, 2026, due to non-compliance with certain listing standards. In May 2026, DevvStream also secured an exclusive agreement with PT PLN Indonesia Power for carbon credit management of their solar portfolio.
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