XCF Global signs deal to develop 175 million-liter-per-year SAF, renewable diesel project in Australia

XCF Global, Inc. Class A

XCF Global, Inc. Class A

SAFX

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  • XCF Global signed a joint commercialization and development deal to advance the proposed New Rise ANZ renewable fuels platform in Australia.
  • Framework targets a HEFA-based refinery producing about 175 million liters a year of SAF and renewable diesel, subject to approvals and financing.
  • XCF Global can earn up to a 10% equity stake in the project entity via milestone-based technical and development support; CRV retains majority control.
  • Plan includes integrated feedstock, logistics, storage, distribution, supported by CRV’s modular blending units to lower infrastructure costs.


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