DevvStream Corp. acquires renewable assets from a Philippines solar facility, entering global energy markets.

DevvStream Corp. has agreed to acquire renewable and carbon assets, including 1.2 million international renewable energy certificates (I-RECs) annually, from the Medellin Solar Power Facility in the Philippines. This 730 MWp facility, part of Cebu's "2030 Smart City" plan, will operate in three phases. The deal marks DevvStream's entry into global energy markets and its stock surged 30.6% to $1.00 following the announcement.

November 29, 2024
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