DevvStream Corp. Announces $402 Million Revenue Bond Offering for Louisiana Biomass Fuel Project
DevvStream Corp. announced a $402 million revenue bond offering approved by the Louisiana Community Development Authority to support a biomass-to-fuel facility in Louisiana. The bonds are limited obligations payable from project-related revenues, with final terms subject to market conditions and further approvals. This initiative is part of Southern Energy Renewables' project.
DevvStream Corp. (Nasdaq: DEVS) has announced that the Louisiana Community Development Authority (LCDA) has approved a resolution authorizing the issuance of up to $402 million in Louisiana Local Government Environmental Facilities and Community Development Authority Revenue Bonds. These revenue bonds will support Southern Energy Renewables’ planned biomass-to-fuel facility in Louisiana. The bonds are expected to be limited obligations payable solely from project-related revenues and other pledged security, not from the general funds of the State of Louisiana. Final terms, including interest rates, maturities, security, and covenants, will be determined at the time of issuance and are subject to additional approvals, documentation, and market conditions. The full prospectus will be available at here 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: 20251204166343) on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
