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TotalEnergies, a pioneer in SAF and committed to the decarbonization of air transport

June 17, 2025

BY TotalEnergies

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XCF Global, Focus Impact BH3 announce closing of business combination

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By Erin Voegele

June 16, 2025

Business 

XCF Global Capital Inc., the owner of a 38 MMgy SAF plant located near Reno, Nevada, on June 6 announced the successful completion of its business combination with Focus Impact BH3 Acquisition Co., a special purpose acquisition company.

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Boeing will invest $17.48 million CAD to strengthen the energy security of Canada and bolster the country’s economic growth. The investments will promote the production of sustainable aviation fuel (SAF).

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Total U.S. biofuels production, including ethanol, renewable diesel, biodiesel and other biofuels, including SAF, averaged a record 1.39 million barrels per day last year, according to data released by the U.S. EIA on June 9.

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The U.S. EIA reduced its 2025 and 2026 production forecasts for a category of biofuels that includes SAF in its latest Short-Term Energy Outlook, released June 10. The forecast for 2025 renewable diesel production was also revised down.

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USA BioEnergy on June 10 announced it has signed a letter of intent with LP Building Solutions that outlines plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at a proposed biorefinery in Texas.

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