XCF Global Plans to Restart New Rise Renewables Reno Facility in June 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
XCF Global provided an operational update on the planned restart of its New Rise Renewables Reno facility, where work continues in support of the Company's previously disclosed target to restart production in June 2026. XCF continues to target a June 2026 restart for New Rise Reno, subject to completion of remaining conversion activities, commissioning, and standard start-up procedures. The facility has a permitted nameplate production capacity of 38 million gallons per year.
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About SAFX
XCF Global, Inc. is a sustainable aviation fuel company engaged in accelerating the aviation industry's transition to net-zero emissions. The Company is developing and operating clean fuel synthetic aviation fuel (SAF) production facilities. SAF is a synthetic kerosene derived from non-food feedstocks, such as waste oils and fats, green and municipal waste and non-food crops. SAF is able to recycle carbon dioxide absorbed by biomass during its lifetime rather than injecting new carbon into the system, reducing emissions by up to 80%. It is also engaged in building partnerships across the energy and transportation sectors to accelerate the adoption of SAF on a global scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Equity Issuance Details: The shares will be issued at a conversion price of $0.451 each, based on a pricing formula tied to the company's recent stock performance, aimed at enhancing financial flexibility through reduced indebtedness.
- Subsidiary Involvement: The agreement involves XCF Global's subsidiary New Rise Renewables Reno LLC, aiming to eliminate property liens associated with the design and construction of its new facility, thereby supporting future operational execution.
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See More
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