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XCF Global (Nasdaq:SAFX) Expands Strategy Focused on Cost-Competitive Renewable Fuels and U.S. Energy Production

ACCESS Newswire

Southern Energy Renewables expands XCF's technology and feedstock capabilities; combined company previously projected approximately $1.8 billion in revenue by 2030

HOUSTON, TX / October 21, 2026 / XCF Global Inc. ("XCF" or the "Company") (Nasdaq:SAFX) today highlighted the addition of Southern Energy Renewables' technology and feedstock capabilities to its renewable fuels platform. Southern's work has focused on improving the cost, performance and supply reliability of renewable fuels and chemicals, including biomass-conversion pathways and potential higher-value co-products.

Competing on Economics

Southern's long-term objective is to improve price, performance and supply reliability while working toward fossil-fuel price parity. The commercial benchmark is whether renewable fuels and chemicals can compete with conventional alternatives on underlying economics and win customer demand without requiring a permanent subsidy.

Expanding Feedstock and Technology Options

Southern's strategy expands beyond conventional inputs by using regional waste and biomass feedstocks, including agricultural and forest residues. Its planned gasification pathway is intended to convert those materials into renewable methanol, and methanol-to-jet conversion into sustainable aviation fuel and other renewable products. These capabilities broaden XCF's technology and product options as market needs evolve.

"Southern adds technology and feedstock capabilities that broaden what XCF can pursue across renewable fuels and related products," said Chris Cooper, Chief Executive Officer of XCF Global. "Our focus is on applying those capabilities with commercial discipline to pursue cost-effective, reliable solutions for customers, improve underlying economics over time and strengthen our ability to compete in U.S. and global markets."

Strengthening U.S. Energy Competitiveness

Southern's strategy uses U.S. waste and biomass feedstocks to support additional domestic fuel production, strengthening U.S. energy resilience and fuel-supply security. In connection with the previously announced merger, the combined company projected approximately $1.8 billion in revenue by 2030.

Together, Southern's capabilities expand XCF's options to pursue renewable fuels and products that meet customer needs, strengthen the Company's platform and create long-term value for shareholders, while providing potential pathways into additional fuel types and end markets, including aviation, maritime, defense and space applications.

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