Blockchain
DevvStream Partners with Prosper Technologies and Appoints Dr. Michael Max Bühler to the Company’s Board of Directors
Prosper’s patented GI technology reduces wastewater energy consumption of industrial plants by up to 85%
Vancouver, British Columbia–(Newsfile Corp. – April 24, 2023) – DevvStream Holdings Inc. (NEO: DESG) (“DevvStream” or the “Company“), a leading carbon credit investment firm specializing in technology solutions, today announced the appointment of Dr. Michael Max Bühler to its Board of Directors, as well as an exclusive carbon credit management agreement with Prosper Technologies (Prosper), an innovative provider of gas infusion (GI) technologies. Prosper’s patented GI process results in the creation of very stable, highly oxygenated water at a fraction of the cost and with significantly lower energy consumption than alternative methods. An important application of Prosper’s GI process is wastewater treatment, where it reduces the energy consumption of industrial plants by up to 85%1, a savings which readily translates into high-quality carbon credit generation. Under the agreement, DevvStream acquires exclusive rights and title to carbon credits resulting from projects developed by Prosper, and will additionally manage the creation, validation, certification, registration, storage, security and liquidation of project credits.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163482
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