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XCF Global Announces Agreement to Acquire Paramount, California Renewable Fuel Production Facility

Acquisition further expands XCF's alternative energy platform with the proposed addition of ~50 million annual gallons of sustainable aviation fuel, renewable diesel and renewable naphtha production capacity, strategically located in Southern California close to Los Angeles International Airport.

  • Acquisition is expected to be accretive to XCF shareholder value, with XCF management's annual targets of $600 million in gross product sales, $100 million in net revenue and $40 million in EBITDA, following a 9-12-month restart period1.
  • Paramount location is first commercial-scale renewable jet-fuel (SAF) production facility in US and is well positioned logistically with refining, blending, storage, logistics, rail and truck terminal facilities along with interests in more than 65 miles of pipeline assets.
 
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