XCF’s New Rise Reno facility produces 2.5 million gallons of renewable fuels

Published 08/07/2025, 12:58
XCF’s New Rise Reno facility produces 2.5 million gallons of renewable fuels

HOUSTON - XCF Global, Inc. (NASDAQ:SAFX), a $125.66 million market cap renewable energy company whose shares have declined over 84% in the past six months, announced Tuesday that its New Rise Reno facility has produced over 2.5 million gallons of renewable fuels since beginning commercial operations in February 2025. According to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment.

The facility, which was commissioned earlier this year, has been producing synthetic aviation fuel (SAF), renewable diesel, and renewable naphtha during its initial ramp-up phase. Deliveries of these renewable fuels to customers began in March 2025. The company’s financial health metrics from InvestingPro show an Altman Z-Score of 0.06, indicating potential financial distress that investors should monitor.

According to the company’s press release, the New Rise Reno facility utilizes a modular, patent-pending design that allows for flexible production between SAF and renewable diesel without requiring equipment modifications.

"This update is simple but important: New Rise is producing renewable fuels," said Mihir Dange, Chief Executive Officer and Board Chair of XCF, in the statement.

The ramp-up process, which follows commissioning, involves gradually optimizing production from initial test runs toward full capacity. XCF indicated that this multi-product approach provides diversification of revenue streams and resilience to market demand shifts.

The renewable naphtha produced as a byproduct serves as a blendstock and feedstock for reducing emissions in gasoline supply chains, the company stated.

XCF Global describes itself as a synthetic aviation fuel company focused on accelerating the aviation industry’s transition to net-zero emissions through the development and operation of SAF production facilities.

The information in this article is based on a press release statement from XCF Global. Investors anticipating the company’s next earnings report on August 12, 2025, can access additional financial metrics and 8+ exclusive ProTips through InvestingPro.

In other recent news, XCF Global has announced a strategic framework for international expansion, focusing on the deployment of its synthetic aviation fuel technology through regional partnerships. The company plans to implement a patent-pending modular facility design to efficiently enter various markets. XCF Global aims to maintain ownership of its intellectual property while licensing its SAF platform to regional partners. This expansion strategy is part of a broader effort to meet the growing global demand for sustainable aviation fuel. Additionally, XCF Global has completed its business combination with Focus Impact BH3 Acquisition Company, leading to its recent debut on the Nasdaq Capital Market. This public listing is expected to accelerate the advancement of their SAF platform and increase production capabilities. The company has also appointed a new Board of Directors following its Nasdaq listing, including Mihir Dange as Board Chair and Anne Anderson as Lead Independent Director. In further developments, XCF Global Capital has entered into several promissory notes and made executive changes, appointing Pamela M. Abowd as Chief Accounting Officer and Jonathan Seeley as Vice President, Treasurer.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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