• Proposed business combination would bring together XCF Global, Southern Energy Renewables, DevvStream to form a public platform spanning sustainable aviation fuel, green methanol development, environmental-asset monetization.
• Update comes as Southern signed a preliminary letter of intent with Hapag-Lloyd for potential long-term offtake of green methanol from planned Louisiana platform, a step DevvStream framed as supportive of project viability.
• DevvStream also entered a new memorandum of understanding with Southern to act as environmental-asset adviser for Southern green methanol projects, targeting monetization of credits, certificates, book-and-claim attributes.
• Transaction remains subject to customary closing conditions, including regulatory and shareholder approvals.

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: 202605130630BIZWIRE_USPR_____20260513_BW346171) on May 13, 2026, and is solely responsible for the information contained therein.