XCF Global Capital, Inc. announced that New Rise Renewables, LLC has commenced commercial production of pure sustainable aviation fuel (SAF).
In addition, New Rise has entered into an irrevocable purchase order with an unaffiliated third-party buyer to whom it plans to sell over 3 million gallons of pure SAF.
Shipments of the first shipment of pure SAF are expected to begin in February 2025 and deliveries are expected to be completed by early March.
