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

Reuters2026/07/23 10:41

By:Reuters

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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.

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

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