SACRAMENTO, Calif.--(BUSINESS WIRE)--Dec 30, 2025--DevvStream Corp. (Nasdaq: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, today announced a non-binding memorandum of understanding (“MOU”) to evaluate a strategic collaboration focused on small modular reactor (“SMR”) nuclear power development, electro-sustainable aviation fuel (“eSAF”) production, and the creation, verification, and monetization of eligible environmental attributes alongside IP3 Corporation (“IP3”), Southern Energy Renewables Inc. (“Southern”), and XCF Global Inc. (“XCF”) (Nasdaq: SAFX) (together “the parties”).The MOU outlines a proposed integrated framework to assess the development and deployment of firm, zero-carbon nuclear electricity from SMRs to support clean fuel production and energy-intensive end markets, including AI data centers, while enabling robust environmental-attribute structures that may meet evolving compliance, reporting, and market standards. The MOU also outlines a framework to explore the development and deployment of SMR-generated electricity to support existing and future operating assets, including a potential nuclear power solution for a proposed SAF refinery in Louisiana, and to enable a scalable portfolio of verifiable environmental attributes.If pursued, the parties intend to advance reliable, zero-carbon nuclear power to enable continuous electrolysis, hydrogen production, and downstream fuel synthesis, while also supporting excess clean-power offtake for third-party customers where appropriate.The parties also intend to evaluate, as part of the negotiation of definitive agreements, environmental-attribute structures associated with eSAF and related low-carbon fuel pathways, including emerging “book-and-claim” and SAF certificate frameworks that allow airlines and corporate buyers to access verified in-sector emissions reduction attributes when physical fuel delivery is constrained.In parallel, and pending the execution of definitive agreements, the MOU contemplates future development of digital infrastructure to enhance transparency, provenance, and auditability, including tokenization of eligible environmental assets and the use of digital measurement, reporting, and verification (“MRV”) systems to support data quality, provenance, and auditability.“Together, we are exploring real-world asset and tokenized environmental-asset frameworks with the potential to unlock additional value, improve liquidity, and help lower the delivered cost of clean energy and fuels,” said Sunny Trinh, Chief Executive Officer of DevvStream. “We see this as a potential America-first model that combines U.S. resources, digital infrastructure, and scalable markets.”“This MOU reflects our focus on putting American energy, infrastructure, and production first,” said Jay Patel, Chief Executive Officer of Southern Energy Renewables.