XCF Global outlines plans to build multiple SAF production facilities

XCF Global shared its strategic plan to invest close to $1 billion (€0.86 billion) in developing a network of SAF production facilities - expanding its US footprint, and advancing its international growth strategy.
From inception, approximately $350 million (€300 million) has been invested to bring New Rise Reno online which has created approximately 60 full-time management, engineering, and related jobs in the Reno-Tahoe area.
Today, more than 2 billion people globally live in countries with SAF blending mandates or strong incentives like tax credits - by 2030, this number is expected to grow to more than 4 billion people.
This clear, expanding global demand underpins XCF's decision to scale production at home and internationally, ensuring the company is positioned to serve markets where policy, aviation demand, and decarbonisation goals align.
"We're not simply dreaming about decarbonising the aviation industry - we're building it right now," said Mihir Dange, chief executive officer and Board Chair of XCF.
"With over $350 million already invested through New Rise Reno, we've proven that we can bring large-scale, commercial SAF production online. Our strategy is to invest nearly $1 billion over the next three years to develop multiple production facilities that will deliver real volumes, real revenue, and real impact for our shareholders."