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XCF Global, Southern Energy, and DevvStream Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF Strategy
XCF, Southern Energy, and DevvStream to explore developing a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers The parties believe that the partnership has the potential ...
About this update from Devvstream Corp.
[{"type":"list","items":[{"val":[{"type":"text","content":"XCF, Southern Energy, and DevvStream to explore developing a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers","length":194,"tagName":"p"}]},{"val":[{"type":"text","content":"The parties believe that the partnership has the potential to advance HEFA and next-generation biomass-to-methanol-to-jet SAF pathways","length":134,"tagName":"p"}]},{"val":[{"type":"text","content":"The parties intend to jointly evaluate the future development of New Rise Louisiana, a SAF facility comparable in size to XCF's New Rise Reno facility of ~40 million gallons","length":177,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":505,"olType":false},{"type":"text","content":"HOUSTON, TX / ACCESS Newswire / December 12, 2025 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX); Southern Energy Renewables Inc. ("Southern"); and DevvStream Corp. ("DevvStream") (Nasdaq:DEVS) (together "the parties") today announced a non-binding tripartite memorandum of understanding ("MOU") to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate SAF adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering.","length":579,"tagName":"p"},{"type":"text","content":"By 2030, the U.S. SAF market is projected to reach nearly $7 billion, while global demand is expected to exceed 5.5 billion gallons, supporting a global market of more than $25 billion. By that time, approximately 4 billion people are expected to live in countries that utilize SAF for air transportation. Looking ahead to 2050, the global SAF market could exceed $250 billion. This collaboration is intended to position the parties around a unified platform that directly supports this long-term growth.","length":504,"tagName":"p"},{"type":"text","content":"The collaboration would seek to increase long-term SAF supply across multiple production pathways while advancing the transparency and commercialization of environmental attributes. As part of the negotiation of a binding agreement, the parties expect to evaluate the commercial viability of developing a HEFA-based SAF facility in Louisiana.","length":342,"tagName":"p"},{"type":"te...