XCF Global entered into an Asset Purchase Agreement to acquire a sustainable aviation fuel production facility in Paramount, California, from Air Products Manufacturing LLC. The transaction involves a $10 million cash payment at closing plus a $50 million base amount payable over 36 months, subject to adjustments for early repayment and interest accrual after two years. XCF intends to restart operations within 9-12 months, investing approximately $30 million in workforce training and operational readiness. The facility is expected to add ~50 million annual gallons of production capacity for sustainable aviation fuel, renewable diesel, and renewable naphtha. XCF Global operates as a U.S.-based producer of renewable diesel and sustainable aviation fuel.
