XCF Global signs development agreement with Continual Renewable Ventures for Australia renewable fuels project

Reuters2026/07/23 10:31

By:Reuters

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XCF Global signed a joint commercialization and development agreement with Continual Renewable Ventures to advance the 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 through milestone-based support tied to a final investment decision.
Continual Renewable Ventures is set to retain majority ownership and control of the project entity.
Platform includes proprietary modular blending infrastructure to support distribution, with potential expansion into New Zealand and parts of Asia-Pacific.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XCF Global Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607230630ACCESSWRNAPR_____1195230) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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XCF Global signs development agreement with Continual Renewable Ventures for Australia renewable fuels project

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