XCF to invest $300m to double SAF production at Reno site

Listed pure-play sustainable aviation fuel (SAF) producer XCF Global plans to invest $300m to double total SAF production capacity to 80m gallons annually.

The company said it has completed initial site work at New Rise Reno 2, including grading of the 10-acre parcel and construction of new access roads. Engineering, design, and project planning are underway, positioning construction to begin in 2026.

Located adjacent to the existing New Rise Reno facility in Nevada, the new site will benefit from integration with common facilities such as gas, water, rail, and personnel offices as well as existing pre-treatment, hydrogen production, and broader logistics infrastructure.

“New Rise Reno 2 is the next leap forward in our growth strategy. By adding a second, fully integrated facility, we’re turning New Rise Reno into a major U.S. SAF production center and positioning XCF for sustained, long-term growth,” said Chris Cooper, CEO of XCF Global.

Earlier in November, XCF signed a memorandum of understanding with BGN International to jointly develop global distribution, marketing, and offtake frameworks across Europe, the Middle East, and other strategic markets.

The partnership would connect XCF’s expanding production capacity with BGN’s global logistics and trading network, creating an integrated supply chain from feedstock to finished fuel.