Business
XCF Global and DevvStream Combine Capabilities to Bring Transferable 45Z Clean Fuel Credits to Market with Potential Value of up to ~$.60 per Gallon for Qualifying SAF Production
XCF Targets Up to 38Million Gallons of Annual Neat SAF Production at New Rise Reno Facility Planned Output Expected to Support up to 100 million Gallons of Blended Jet Fuel. HOUSTON, TX, AND CALGARY, AB / ACCESS Newswire / April 16, 2026 / XCF Global, ...
About this update from Devvstream Corp.
XCF Targets Up to 38Million Gallons of Annual Neat SAF Production at New Rise Reno Facility Planned Output Expected to Support up to 100 million Gallons of Blended Jet Fuel. HOUSTON, TX, AND CALGARY, AB / ACCESS Newswire / April 16, 2026 / XCF Global, Inc. (Nasdaq:SAFX) ("XCF"), a key player in decarbonizing the aviation industry through sustainable aviation fuel ("SAF"), and DevvStream Corp. (NASDAQ:DEVS) ("DevvStream"), a leading carbon management and environmental-asset monetization firm, today announced that as part of their previously announced three-party Business Combination Agreement ("BCA") with Southern Energy Renewables Inc ("Southern") the combined entity will explore the development of an integrated platform designed to generate, verify, and market 45Z Clean Fuel Production Credits generated through XCF's production of SAF. If successfully developed, we believe this platform would represent an industry-first model in which a SAF producer and a dedicated environmental attribute monetization firm operate as a single, vertically integrated entity, linking domestic clean fuel production directly with structured transfer and sale of clean fuel tax credits. Strategic Highlights: Environmental Asset Bundling Opportunity In addition to the monetization of 45Z Clean Fuel Production Credits, the combined platform intends to explore the creation of integrated environmental asset bundles that combine 45Z credits with high-quality carbon credits derived from the lifecycle emissions reductions associated with SAF production. This approach is designed to enhance overall asset value by: By integrating these environmental attributes into a unified offering, the combined entity aims to create a differentiated value proposition that extends beyond traditional fuel and tax credit monetization, positioning XCF's SAF production as a source of scalable, high-integrity environmental assets. "As we bring XCF and DevvStream together, we see a compelling opportunity to create value that neither company could deliver alone. XCF is working to generate high-quality SAF from domestic feedstocks that qualify for the 45Z credit and generate carbon credits. DevvStream aims to bring the infrastructure, expertise, and market relationships to monetize environmental attributes. Together we believe we can build a first...