Neutral
Accesswire
15 days ago
XCF Global Continues New Rise Reno Planned Upgrade and Secures Forbearance Agreement Related to New Rise Renewables Reno Ground Lease
Agreement continues through January 1, 2027, subject to specified conditions, supporting New Rise's planned upgrade path and operational progress. HOUSTON, TX / ACCESS Newswire / May 1, 2026 / XCF Global, Inc. ("XCF") (NASDAQ:SAFX) an emerging player in lowering emissions and strengthening domestic renewable energy resilience of the aviation industry through Sustainable Aviation Fuel ("SAF"), today announced that New Rise Renewables Reno, LLC ("New Rise"), a subsidiary of XCF, has entered into a forbearance agreement dated April 27, 2026 (the "Agreement") with Twain GL XXVIII, LLC (the "Landlord") in connection with the ground lease for New Rise's Reno, Nevada facility.