XCF Global, Southern Energy Renewables, And DevvStream Sign Non-Binding MOU To Explore Next-Gen Low-Carbon Fuels Platform

XCF, Southern Energy, and DevvStream to explore developing a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers

The parties believe that the partnership has the potential to advance HEFA and next-generation biomass-to-methanol-to-jet SAF pathways

The parties intend to jointly evaluate the future development of New Rise Louisiana, a SAF facility comparable in size to XCF's New Rise Reno facility of ~40 million gallons

HOUSTON, TX / ACCESS Newswire / December 12, 2025 / XCF Global, Inc. ("XCF") (NASDAQ:SAFX); Southern Energy Renewables Inc. ("Southern"); and DevvStream Corp. ("DevvStream") (NASDAQ:DEVS) (together "the parties") today announced a non-binding tripartite memorandum of understanding ("MOU") to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate SAF adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering.