XCF Global Backs Southern Energy Renewables' LOI With Hapag-Lloyd for Green Methanol Project Development and Long-Term Offtake as Strategic Fit for Pending Business Combination with Southern Energy Renewables and DevvStream Corp

HOUSTON, TX / ACCESS Newswire / May 13, 2026 / XCF Global Inc. (Nasdaq:SAFX), an emerging renewable fuels company focused on sustainable aviation fuel ("SAF"), today announced its support for Southern Energy Renewables Inc.'s recently announced letter of intent with Hapag-Lloyd AG as further validation of the strategic rationale for XCF's pending business combination with Southern Energy Renewables and DevvStream Corp. As previously disclosed, XCF, Southern Energy Renewables and DevvStream have entered into a definitive business combination agreement to create an integrated energy transition platform spanning sustainable aviation fuel, green methanol and environmental attribute monetization, subject to customary closing conditions. XCF believes Southern's LOI with Hapag-Lloyd points to rising demand from global shipping and logistics customers for lower-carbon fuel options backed by long-term supply planning and infrastructure development.