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XCF Global, Inc. Acquires Sustainable Aviation Fuel Facility from Air Products Manufacturing LLC

PRIVATEOct 23, 2026

Acquiring Company

XCF GLOBAL

Acquired Company

Air Products' Liquefied Natural Gas Process Technology And Equipment Business

United StatesFinancial ServicesFinanceFintechEnergyOil And GasRenewable Energy

Description

On October 20, 2026, XCF Global, Inc. announced the acquisition of Air Products Manufacturing LLC's interests in a sustainable aviation fuel production facility in Paramount, California, through its subsidiary New Rise Renewables Paramount, LLC. The transaction involves a purchase price of $10 million in cash and an additional amount subject to prepayment options. Closing is expected to occur by December 15, 2026, subject to various conditions.

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Company Information

Company

XCF GLOBAL

Location

United States

About

XCF Global, Inc. is a Delaware-based company primarily engaged in providing innovative financial services. The company specializes in offering a range of financial products, including asset management and investment advisory services, targeting a sophisticated clientele. Their strategic focus is on expanding their market presence in the technology-driven finance sector, leveraging cutting-edge technology to enhance customer experience. With a commitment to growth, XCF Global is positioned to cater to both domestic and international markets, emphasizing Texas as a key operational hub. The company is recognized as an emerging growth company, aligning with current market trends and demands.

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Frequently asked

Who acquired Air Products' Liquefied Natural Gas Process Technology And Equipment Business?

Air Products' Liquefied Natural Gas Process Technology And Equipment Business was acquired by XCF GLOBAL, based in United States. The deal was reported on October 23, 2026. XCF Global, Inc. is a Delaware-based company primarily engaged in providing innovative financial services. XCF GLOBAL is privately held and operates in Financial Services.

When did XCF GLOBAL acquire Air Products' Liquefied Natural Gas Process Technology And Equipment Business?

XCF GLOBAL's acquisition of Air Products' Liquefied Natural Gas Process Technology And Equipment Business was reported on October 23, 2026. On October 20, 2026, XCF Global, Inc. announced the acquisition of Air Products Manufacturing LLC's interests in a sustainable aviation fuel production facility in Paramount, California, through its subsidiary New Rise Renewables Paramount, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Air Products' Liquefied Natural Gas Process Technology And Equipment Business do?

Air Products' liquefied natural gas (LNG) process technology and equipment business is now part of Honeywell's comprehensive suite of top-tier solutions for managing energy transformation journey. It is privately held, operating in Energy.

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