XCF Global Agrees to Buy Renewable Fuel Facility in Paramount, California

Bitget2026/10/23 20:31

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XCF Global agreed to acquire a renewable fuel production facility in Paramount, California, through its New Rise Renewables Paramount subsidiary.
The facility near Los Angeles International Airport would add approximately 50 million gallons of annual renewable fuel production capacity.
The acquisition is expected to close before the end of 2026, subject to closing conditions.
Planned investment totals approximately $30 million during a nine- to 12-month restart period.
Management targets annual gross product sales of $600 million, net revenue of $100 million and EBITDA of $40 million following the restart.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-112143), on October 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 Agrees to Buy Renewable Fuel Facility in Paramount, California

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