XCF Global (Nasdaq: SAFX) has signed a definitive agreement to acquire a renewable fuel production facility in Paramount, California, through its new subsidiary New Rise Renewables Paramount, LLC. The site can produce about 50 million gallons per year of sustainable aviation fuel, renewable diesel and renewable naphtha, and it sits less than 20 miles south of downtown Los Angeles near LAX, which serves more than 76 million passengers annually. After a 9-12 month restart, management targets $600 million in gross product sales, $100 million in net revenue and $40 million in EBITDA. XCF plans to invest about $30 million during the restart, more than double the team size, and source feedstock through its partnership with BGN. The deal is expected to close before the end of 2026, subject to agreed conditions.
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