Strategic Environmental & Energy Resources (SEER) has partnered with DevvStream (NASDAQ: DEVS) to monetize carbon credits generated through its decarbonization initiatives.
SEER’s expertise in renewable fuels and industrial waste management aligns with DevvStream’s leadership in carbon credit investing.
Together, they aim to harness high-quality carbon credits from biogas capture, methane emissions prevention, and carbon sequestration at SEER’s planned biocarbon production facilities in Texas and Saudi Arabia.
SEER’s CEO, John Combs, emphasized the strategic fit between the companies, noting DevvStream’s global presence and commitment to expanding market share in the trillion-dollar carbon credit sector.
Sunny Trinh, CEO of DevvStream, highlighted SEER’s technologies as immediate opportunities to generate high-value carbon credits while benefiting customers and shareholders.
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SEER’s wholly-owned subsidiary MV Technologies offers proven solutions for decarbonization, including its V3RU oil field technology and biogas conditioning systems.
These systems, installed across North America, target methane capture and conditioning for renewable natural gas production, benefitting industries such as energy, utilities, food processing, and agriculture.
According to Combs, the partnership with DevvStream aims to transform these projects into fully insured, monetizable carbon credits.
Beyond North America, SEER and DevvStream are exploring opportunities in Saudi Arabia with Eco Tadweer, a key partner in decarbonization initiatives like the Green Riyadh project.
By leveraging SEER’s success with biocarbon and methane capture, the collaboration intends to scale carbon credit generation, contributing to Saudi Arabia’s environmental goals.
