XCF Global posts over $10 million August revenue on 1.3 million gallons of renewable diesel shipments
SAFX•XCF Global reported August revenue of more than $10 million from shipments of 1.3 million gallons of renewable diesel. It was the first month of completed commercial fuel sales since the Reno facility restarted in July.
1. August sales
XCF Global said August was its first month of completed commercial fuel sales since the New Rise Renewables Reno facility restarted in July. The company posted more than $10 million in revenue from renewable diesel shipments totaling 1.3 million gallons, while daily output and sales rose to more than 70,000 gallons from about 50,000 gallons. XCF Global targets ramping the Reno site to nameplate capacity of more than 100,000 gallons per day.
