Southern Energy Renewables to merge with DevvStream.

Southern Energy Renewables, producer of low-cost fuels made from biomass, agreed to merge with DevvStream, a carbon management and environmental-asset monetization firm. Financial terms were not disclosed. “Our roadmap is designed to deliver clean fuels at industrial scale with a clear cost advantage, creating an advanced platform with the potential to effectively compete with China and the rest of the world,” Nevin Smalls, Southern Energy Renewables Chief Strategy Officer.