XCF Global plans US $1 billion to scale global SAF and renewable fuels platform

In United States & international, XCF Global, Inc. has unveiled plans to invest nearly US $1 billion by 2028, to build a modular network of sustainable aviation fuel (SAF) and renewable diesel production plants. Its flagship New Rise Reno facility is already producing with ~$350 million invested, generating ~60 engineering and management jobs in Nevada. The U.S. pipeline includes three new sites—New Rise Reno 2 (2027), plus facilities in Fort Myers, FL and Wilson, NC (by 2028)—each with nominal capacity of ~40 million gallons/year, bringing total output to ~160 million gallons/year. International expansion is underway via a MoU in Australia with Continual Renewable Ventures. This rapid expansion aims to meet rising global SAF demand and leverage blending mandates and incentives. — Source: XCF Global press release via ACCESS Newswire and company site