New Rise Renewables Reno

What New Rise Renewables Reno does

New Rise Renewables Reno LLC operates a 38 million gallon-per-year sustainable aviation fuel production facility in Storey County, Nevada, within the Reno-Tahoe Industrial Complex. The facility is a subsidiary of Nasdaq-listed XCF Global, Inc. and produces Synthetic Blending Component (SBC) from non-food feedstocks — corn oil and soybean oil — using hydrotreating technology sourced from Axens, with supporting hydrogen production via Linde-Hydrochem's Steam Methane Reformer, feedstock pretreatment by Alfa Laval, gas treating by Kinder Morgan, and wastewater treatment by Evoqua. The SBC is blended with conventional jet fuel at up to a 50/50 ratio to produce Sustainable Aviation Fuel (SAF) that reduces lifecycle greenhouse gas emissions by approximately 80% compared to conventional jet fuel and is compatible with existing aircraft and fuel infrastructure without modification.

The company sells its output primarily to commercial airlines, fuel blenders, distributors, and military aviation operators, with 100% of finished products and 100% of feedstock supply covered by a 15-year Supply and Offtake Agreement with Phillips 66. Pricing is not publicly disclosed and is negotiated through enterprise contracts. The facility maintains CORSIA-ready ISCC sustainability certification and is qualified under California, Oregon, and Washington Low Carbon Fuels Standard Programs, as well as the federal Renewable Fuels Standard. Customer acquisition relies on enterprise field sales and content marketing via the company blog and investor relations materials.

The business is in a transitional financial and operational state. As of June 2026, parent XCF Global carried $254.66 million in total debt against a $164.98 million market capitalization (10.06 debt-to-equity ratio), and approximately $16.7 million of debt and property liens were converted into equity through Class A common stock issuance at $0.451 per share in May 2026. Catalyst delivery was completed in early June 2026, with the facility transitioning from commissioning to a planned commercial production restart in June 2026.

Name

New Rise Renewables Reno

Legal name

New Rise Renewables Reno LLC

Website

https://newriserenew.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

New Rise Renewables Reno is a Nevada-based subsidiary of XCF Global that operates a 38 million gallon-per-year facility producing Synthetic Blending Component for Sustainable Aviation Fuel from non-food corn and soybean oils, selling under a 15-year Phillips 66 offtake agreement to commercial airlines, fuel blenders, and military aviation operators.

Ownership category

akta.pro rank

Headquarters

HQ city

Nevada

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel

Revenue model

1. Synthetic Blending Component (SBC) Sales: Revenue generated from producing and selling renewable synthetic blending component for sustainable aviation fuel. The facility produces 38 million gallons per year of SBC which is sold to fuel blenders and airlines. Phillips 66 has a 15-year supply and offtake agreement to purchase 100% of finished products and supply 100% of feedstocks.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

New Rise Renewables Reno produces Synthetic Blending Component (SBC) from non-food feedstocks (corn oil and soybean oil) using hydrotreating technology at its 38-million-gallon-per-year facility in Storey County, Nevada. The SBC is sold to fuel blenders who combine it with conventional jet fuel to manufacture Sustainable Aviation Fuel (SAF) that achieves approximately 80% lifecycle GHG reduction versus conventional jet fuel, and the facility is also permitted to produce renewable diesel.

Product overview

New Rise Renewables Reno operates a state-of-the-art sustainable aviation fuel production facility in Storey County, Nevada, at the Reno-Tahoe Industrial Complex. The company produces Synthetic Blending Component (SBC) from non-food feedstocks (corn oil and soybean oil) using advanced hydrotreating technology. This SBC is sold to customers who blend it with conventional jet fuel to create Sustainable Aviation Fuel (SAF). The facility has a permitted nameplate capacity of 38 million gallons per year (approximately 3,000 barrels per day) and is CORSIA-ready, supporting airlines' compliance with international aviation carbon offsetting requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Synthetic Blending Component (SBC) Renewable hydrocarbon product produced from non-food feedstocks (corn oil and soybean oil) using hydrotreating technology. SBC is the renewable component blended with conventional jet fuel (typically up to a 50/50 ratio) to create Sustainable Aviation Fuel, and is sold to fuel blenders under a 15-year Phillips 66 offtake agreement.
• Sustainable Aviation Fuel (SAF) Drop-in biofuel produced by blending Synthetic Blending Component with conventional jet fuel. Reduces lifecycle greenhouse gas emissions by approximately 80% versus conventional jet fuel and is compatible with existing aircraft engines and airport fuel infrastructure without modifications, qualifying under CORSIA and California, Oregon, and Washington Low Carbon Fuels Standard Programs.
• Renewable Diesel Renewable diesel permitted at the Reno facility alongside SAF, produced from renewable triglyceride feedstocks and meeting the federal Renewable Fuels Standard at the same 3,000-barrel-per-day SBC production capacity.

Quantifiable outcome

• 80% reduction in lifecycle greenhouse gas emissions compared to conventional jet fuel
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and major.

• Phillips 66coreStrategic or Co-development PartnerPhillips 66 is a leader in renewable fuels production, development, and lower carbon platforms. They have a 15-year Supply and Offtake Agreement with New Rise Renewables Reno, supplying 100% of facility feedstocks and offtaking 100% of facility finished products. This partnership provides supply chain certainty and product offtake for the SAF production facility.
• Axens North AmericacoreTechnology or IntegrationAxens North America is a leading provider of technologies to convert biomass into biofuels. They provide hydrotreating and catalyst technology for converting triglycerides into renewable synthetic blending component, renewable naphtha, and propane. The process minimizes CO2 formation, maximizes product yield, and uses multi-year cycle lengths with a robust catalyst system.
• Linde-HydrochemmajorTechnology or IntegrationLinde-Hydrochem, a global leader in hydrogen production founded in 1879, provides the Steam Methane Reformer (SMR) that produces hydrogen for the hydrotreater. Excess steam is routed to a steam turbine/generator producing 500 KW of power to offset facility electricity consumption. The system features energy recovery of propane from hydrotreater and fully automated fail-safe controls.
• Alfa LavalmajorTechnology or IntegrationAlfa Laval is a global leader in renewable feedstock pretreatment systems founded in 1883. They provide equipment and process design for the feedstock pretreatment unit with ability to handle multiple types of feedstocks, low energy consumption, and deep removal of phosphorous and free fatty acids for highest feedstock quality and maximizing catalyst life.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/new-rise-renewables-reno

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Rise Renewables Reno