XCF Global, Southern Energy, DevvStream Team Up for Low-Carbon Fuels Platform

MT Newswires Live12-13

XCF Global (SAFX), Southern Energy Renewables, and DevvStream (DEVS) said Friday they have signed a non-binding memorandum of understanding to explore the development of a platform designed to boost the adoption of sustainable aviation fuel, among other goals.

The platform would integrate logistics, fuel supply, and environmental-attribute value for aviation and industrial clients, the companies said.

Under the negotiation of a binding agreement, the companies said they expect to assess the commercial viability of developing a sustainable aviation facility in Louisiana.

XCF Global shares were down 8% in recent trading.

Price: 0.46, Change: -0.04, Percent Change: -8.15

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