DevvStream signs non-binding MoU with Fayafi for $100M decarbonization JV

DevvStream Corp.

MoU details proposed JV 'Fayafi x DevvStream Green Ventures' for global climate infrastructure projects.
Initial funding commitment of $100M, with potential to scale based on performance.
Ownership split: Fayafi 80%, DevvStream 20%; capital-light model for DevvStream.
Definitive agreement targeted for Q2 2025; initial deployments expected in Q3/Q4 2025.
DevvStream gets exclusivity during feasibility and first right of refusal on carbon opportunities.

item 8.01 item 9.01

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