Published by Todd Bush on September 1, 2026
Tuesday, 01 September 2026 07:45 AM
Topic:
HOUSTON, TX / ACCESS Newswire*/ September 1, 2026 /* XCF Global Inc. ("XCF") (NASDAQ:SAFX), a scaling U.S.-based producer of renewable diesel and sustainable aviation fuel ("SAF"), today announced another milestone in the Company's transition from development-stage operations to active, revenue-generating commercial production.
The Company's flagship New Rise Renewables Reno facility has produced 886,400 gallons of renewable diesel to date. This production milestone supports two potential revenue streams: direct physical fuel sales and Renewable Identification Numbers (RINs) generated under the U.S. Renewable Fuel Standard. XCF has monetized 550,000 D4 RINs at $2.27 per RIN, representing approximately $1.25 million in value, with settlement expected to conclude on September 2, 2026.
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Production at New Rise Reno began in early July 2026, marking the facility's transition from commissioning activities to active fuel production. Customer shipments began in early August, and the facility is currently fulfilling orders at approximately 55,000 gallons per day. At nameplate capacity, New Rise Reno is designed to produce approximately 90,000 gallons per day, representing up to 38 million gallons per year of permitted production capacity, subject to production volumes, logistics, customer demand, market conditions and other factors.
The renewable diesel produced to date has also generated more than 1.5 million D4 RINs under the U.S. Renewable Fuel Standard, creating a potential value stream in addition to physical fuel sales. The $2.27 per RIN transaction price reflects the actual monetization transaction rather than an estimated market value and remains subject to final settlement, timing of transfer, transaction costs, regulatory requirements and other adjustments.
XCF expects New Rise Reno to begin producing synthetic blending component for use in sustainable aviation fuel in the fourth quarter of 2026, subject to operations, market conditions, regulatory requirements, customer demand and other factors.
"This milestone makes the business more tangible," said Chris Cooper, Chief Executive Officer of XCF Global. "New Rise Renewables Reno has produced renewable diesel, generated RINs tied to that production and begun fulfilling customer orders. That is the disciplined work that turns an operating asset into a high-scale commercial platform."
As XCF continues fulfilling customer orders from New Rise Renewables Reno, the Company remains focused on disciplined commercial execution, customer delivery and preparing the facility for its planned transition to SAF-related production over time.
XCF Global, Inc. ("XCF") is a U.S.-based producer of renewable diesel and sustainable aviation fuel ("SAF") focused on decarbonizing transportation while supporting domestic fuel supply and energy security. The Company's flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of up to 38 million gallons per year. XCF intends to advance a pipeline of potential expansion opportunities in Nevada, North Carolina and Florida and to build relationships across the energy and transportation sectors that it believes could support the scaling of renewable fuels 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.
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