Business
XCF Global Outlines Plan to Build Multiple SAF Production Facilities and Invest Nearly $1 Billion in Renewable Fuel Production Capacity by 2028
$350 million already invested in operational New Rise Reno facility, producing SAF and renewable diesel Pipeline includes three new U.S. production sites to expand capacity and market reach International growth strategy underway with partnership to ...
About this update from Xcf Global, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"$350 million already invested in operational New Rise Reno facility, producing SAF and renewable diesel","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Pipeline includes three new U.S. production sites to expand capacity and market reach","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"International growth strategy underway with partnership to bring XCF's platform to Australia","length":96,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":284,"olType":false},{"type":"text","content":"HOUSTON, TX / ACCESS Newswire / July 10, 2025 / XCF Global, Inc. ("XCF") (Nasdaq:SAFX), a key player in decarbonizing the aviation industry through Synthetic Aviation Fuel ("SAF") today shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy. From inception, approximately $350 million has been invested to bring New Rise Reno online which has created approximately 60 full-time management, engineering, and related jobs in the Reno-Tahoe area.","length":596,"tagName":"p"},{"type":"text","content":"Today, more than 2 billion people globally live in countries with SAF blending mandates or strong incentives like tax credits - by 2030, this number is expected to grow to more than 4 billion people. This clear, expanding global demand underpins XCF's decision to scale production at home and internationally, ensuring the company is positioned to serve markets where policy, aviation demand, and decarbonization goals align.","length":429,"tagName":"p"},{"type":"text","content":""We're not simply dreaming about decarbonizing the aviation industry - we're building it right now," said Mihir Dange, Chief Executive Officer and Board Chair of XCF. "With over $350 million already invested through New Rise Reno, we've proven that we can bring large-scale, commercial SAF production online. Our strategy is to invest nearly $1 billion over the next three years to develop multiple production facilities that will deliver real volumes, real revenue, and real impact for our shareholders."","length":537,"tagName":"p"},{"type":"text","content":"U.S. Growth Pipeline","length":20,"tagName":"p"},{"type":"text","conten...