XCF Global Signs Binding Term Sheet with New Rise Australia to Develop Renewable Fuel Facilities; Launches First Regional Platform to Accelerate International Expansion
Accessnewswire·2025-10-23 13:00

Core Points - XCF Global, Inc. has signed a 15-year exclusive license with New Rise Australia to deploy its modular renewable fuel platform across Australia [1] - The agreement targets the development of three renewable fuel production facilities [1] - XCF will receive a 12.5% equity stake in New Rise Australia, along with licensing fees and one board seat [1] - This formalizes a Memorandum of Understanding from June 2025 and initiates the first regional platform under XCF's international expansion strategy [1] - XCF is focused on decarbonizing the aviation industry through Sustainable Aviation Fuel (SAF) [1]