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XCF Global, Focus Impact BH3 announce closing of business combination

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By Erin Voegele

14 hours ago

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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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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At the world’s largest ethanol conference, BBI International recognized Gillian Harrison, Steffen Mueller, Rick Schwarck and Michael Jerke for their outstanding contributions to the biofuels industry.

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Enersur S.A. has selected Praj Industries to develop an integrated biorefinery project in Paraguay. The biorefinery will produce ethanol, distillers dried grains with solubles (DDGS), corn oil, biogas, biobitumen and SAF.

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RIC Energy and Siemens have signed a MOU to jointly develop innovative projects in the fields of renewable hydrogen, green ammonia, and e-fuels in Spain. The collaboration will boost the e-SAF plant that RIC Energy is developing.

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SAFasia Inc. and Emerging Fuels Technology Inc. announced on May 27 the signing of a memorandum of understanding (MOU) to finalize a master license agreement to support the development of SAF projects throughout the Philippines.

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AM Green and the Port of Rotterdam Authority signed a memorandum of understanding to focus on building a green energy supply chain between India and Northwestern Europe via Rotterdam. This includes the supply of bunkering fuels and SAF.

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Honeywell, Johnson Matthey, GIDARA Energy and SAMSUNG E&A on June 5 announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market for producing SAF from biomass and MSW.

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France-based Global Bioenergies on June 3 announced the company has launched an official search for buyers in the form of a “pre-pack sale” as part of a conciliation procedure. Purchase offers are due July 9.

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Legislation pending in Nevada aims to create a sustainable aviation fuel (SAF) incentive fund that would provide an incentive of $2.50 per gallon to domestic air carriers to support the purchase of SAF produced within the state.

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Syzygy Plasmonics on June 3 announced the company has initiated front-end engineering and design (FEED) with Kent for NovaSAF 1, an electrified biogas-to-SAF facility under development in Durazno, Uruguay.

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LanzaJet and ATOBA Energy have signed a memorandum of understanding (MOU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market.

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Operable U.S. biofuel production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 30. Feedstock consumption was up when compared to the previous month, but down from March 2024.

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Castle & Cooke Aviation, a premier provider of luxury FBO services, now offers sustainable aviation fuel (SAF) from Avfuel Corp. at Van Nuys Airport (VNY) in Southern California. The SAF produced by Neste.

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General Index and ATOBA Energy are partnering to bring a brand-new vision of how SAF benchmarks are built. SAF indexes need to be tailored to the unique cost profiles of diverse production technologies, the companies said.

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The Singapore Airlines Group has signed agreements with Neste and World Energy to acquire sustainable aviation fuel (SAF) and SAF certificates, respectively. The purchases include 1,000 metric tons of neat SAF from Neste.

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Biomass Magazine has announced the dates for the 19th annual International Biomass Conference & Expo. The event is scheduled to be held March 31-April 2, 2026, in Nashville, Tennessee, at the Gaylord Opryland Resort & Convention Center.

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Infinium announced on May 19 that construction is underway on its second U.S.-based eFuels production site in Texas, known as Project Roadrunner. Once operational, the facility will produce 7.6 MMgy of eSAF and other eFuel products.

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Virgin Australia and Boeing on May 22 released a report by Pollination on the challenges and opportunities of an International Book and Claim system for sustainable aviation fuel (SAF) accounting.

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Luxury North Dakota FBO, Overland Aviation—together with leading independent fuel supplier, Avfuel Corp.— on May 19 announced it accepted a 8,000-gallon delivery of sustainable aviation fuel (SAF) on May 12.

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Neste and FedEx, the world’s largest express cargo airline, have agreed on the supply of 8,800 metric tons (more than 3 million gallons) of blended Neste MY Sustainable Aviation Fuel to FedEx at Los Angeles International Airport (LAX).

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United on May 6 announced an investment in Twelve, an innovative low carbon fuels company that uses a process similar to photosynthesis to transform CO2 and water into sustainable aviation fuel (SAF) using renewable energy.

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The U.S. EPA on May 14 delivered two RFS rulemakings to the White House OMB, beginning the interagency review process. One rule focuses on RFS RVOs and the other focuses on a partial waiver of the 2024 cellulosic RVO.

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The U.S. EPA on May 15 released data showing nearly 1.79 billion RINs were generated under the RFS in April, down from 2.09 million generated during the same month of last year. Total RIN generation for the first four months of 2025 was 7.12 billion.

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Gevo Inc. CEO Patrick Gruber discussed plans for a proposed 30 MMgy alcohol-to-jet (ATJ) project in North Dakota during the company’s first quarter earnings call, held May 13. The company has not disclosed a timeline for development of the project.

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Calumet Inc. on May 9 announced sustainable aviation fuel (SAF) capacity at its Montana Renewables biorefinery is expected to reach 120 MMgy to 150 MMgy sooner than previously reported for a fraction of the originally expected cost.

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Aemetis Inc. released Q1 results on May 8, reporting increased biogas production, progress with efficiency improvements at the Keyes ethanol plant, and resumed biodiesel deliveries. Financing activities are also underway for a proposed SAF project.

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Wheels Up Experience Inc. on May 6 announced the launch of its new SAF program, under which Wheels Up will partner with Delta Air Lines to purchase SAF, allowing private fliers to participate regardless of their flight operator or departure airport.

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LanzaJet and BioD have launched a feasibility study to develop the first sustainable aviation fuel (SAF) production plant in Colombia. The proposed facility would utilize LanzaJet’s alcohol-to-jet (ATJ) technology.

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