XCF Global Completes Business Combination with Southern Energy Renewables and DevvStream; Co. Updates Its 2027 Financial Outlook To Reflect Gross Product Sales Of $650M To $700M, Net Revenue Of $120M- $130M And EBITDA Of $70M-$75M

XCF Global has completed a business combination with Southern Energy Renewables and DevvStream, enhancing its capabilities in alternative fuel production and environmental asset monetization. Following the merger, XCF updated its 2027 financial outlook, projecting gross product sales of $650 million to $700 million, net revenue of $120 million to $130 million, and EBITDA of $70 million to $75 million. The company anticipates that the merger will lead to significant shareholder value, with target 2030 projections of over $1.4 billion in gross product sales and more than $400 million in net revenue.