Combined platform brings renewable-fuel production, feedstock and fuel technology, and carbon solutions together under XCF Global.
HOUSTON, TX / ACCESS Newswire / October 23, 2026 / XCF Global Inc. (“XCF” or the “Company”) (NASDAQ:SAFX), a U.S.-based renewable fuels company, today outlined its strategy to scale its renewable fuels platform, integrate more of the value generated across the supply chain and deliver reliable fuel and carbon solutions to customers.
Following the completion of its business combination with Southern Energy Renewables Inc. (“Southern”) and DevvStream Corp. (“DevvStream”), XCF brings renewable-fuel production, feedstock and fuel technology, and carbon solutions together under one platform.
The combined platform is organized around three strategic pillars: Scale, Integrate and Deliver.
Scale
XCF intends to scale its renewable fuels platform through a combination of operating-asset optimization, greenfield and brownfield expansion, and capital-efficient licensing opportunities.
The Company’s New Rise Renewables business provides the operating foundation for this strategy. In September, New Rise Renewables Reno generated more than $12 million in gross product sales, shipped approximately 1.4 million gallons of renewable diesel and increased daily production to approximately 85,000 gallons per day by month-end. Its modular refinery design is replicable and intended to support expansion across additional sites while allowing projects to be sized around feedstock availability, customer demand and financing.
Southern, operating within the combined platform as XCF Tech Ventures, expands XCF’s feedstock and fuel technology capabilities, including biomass-to-fuels development and potential future methanol-to-jet pathways.
Together, these capabilities provide XCF with additional flexibility across facility design, feedstocks, products and growth models, while access to next-generation technology is expected to help future-proof the platform and strengthen the Company’s ability to compete in global markets.
Integrate
XCF’s integration strategy is designed to connect production, feedstock, offtake, distribution and environmental value across the renewable fuels supply chain.
DevvStream, operating within the combined platform as XCF Carbon Solutions, expands XCF’s environmental-asset management and monetization capabilities. The Company intends to monetize fuel-linked environmental attributes, including RINs, LCFS credits and 45Z tax credits, while offering customers access to a broader range of carbon solutions, including voluntary carbon credits and offsets, CORSIA-eligible credits and international renewable energy certificates, or I-RECs.
The combined platform is designed to provide customers with greater choice, including physical fuel, environmental attributes or solutions that combine both.
By bringing these capabilities together, XCF’s objective is to capture more of the value associated with each gallon produced while providing customers with one partner across a broader portion of the renewable fuels and carbon-solutions value chain.
Deliver for Customers and Shareholders
Execution remains central to XCF’s strategy.
The Company is bringing one expert team across the supply chain, maintaining a safety-first culture, providing reliable fuel supply and delivering carbon solutions that respond to customers’ operational and commercial needs.
“The combination gives XCF more ways to grow, but our strategy remains grounded in execution,” said Chris Cooper, Chief Executive Officer of XCF Global. “We intend to scale a proven and flexible blueprint, integrate more of the value created across the supply chain and deliver reliable solutions for our customers. Flexible design, flexible feedstocks, flexible products and flexible growth give us the optionality to respond as markets and customer needs evolve.”
A Differentiated Energy Platform
The combined XCF platform includes:
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XCF New Rise Renewables, focused on operating renewable fuel assets and scaling the New Rise blueprint through development and licensing;
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Southern Renewables Energy, focused on expanding feedstock and fuel technologies, including biomass-to-fuels and potential future methanol-to-jet pathways; and
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DevvStream, focused on monetizing fuel-linked environmental attributes, including RINs, LCFS credits and 45Z tax credits, and offering customers carbon solutions beyond physical fuel, or in combination with fuel, including voluntary carbon credits and offsets, CORSIA-eligible credits and I-RECs.
Together, these businesses support XCF’s ability to scale its production platform, integrate additional value and deliver for customers and shareholders.
About XCF Global, Inc.
XCF Global, Inc. (“XCF”) is a U.S.-based renewable energy company focused on accelerating the production and deployment of lower-carbon fuels and environmental solutions. Following its recent combinations with DevvStream Corp. and Southern Energy Renewables, XCF is building a broader platform spanning renewable fuels, carbon management and environmental assets. The Company’s flagship facility, New Rise Renewables Reno, produces renewable diesel and has a permitted nameplate production capacity of up to 38 million gallons per year. XCF is also seeking to advance a pipeline of potential expansion opportunities in Nevada, North Carolina and Florida and build relationships across the energy and transportation sectors that it believes could support the scaling of renewable fuel production. Any such opportunities remain subject to, among other factors, feasibility assessments, financing, regulatory approvals and market conditions. XCF is listed on the Nasdaq Capital Market and trades under the symbol SAFX.
Contacts
XCF Global: Corporate Communications
media@xcf.global
Cautionary Note Regarding Forward-Looking Statements
This Press Release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. These forward-looking statements, including, without limitation, statements regarding XCF Global’s expectations with respect to future performance and anticipated financial impacts of the recently completed business combination with Focus Impact BH3 Acquisition Company (the “Business Combination”), estimates and forecasts of other financial and performance metrics, and projections of market opportunity and market share, are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by XCF Global and its management, are inherently uncertain and subject to material change. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a predicti
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