Safe & Green Holdings Enters Design/build Agreement With Talent Services LLC For The Design And Production Of Eight Units Currently In Concept Stage
Portfolio Pulse from Benzinga Newsdesk
Safe & Green Holdings Corp. (NASDAQ:SGBX) has entered into a design/build agreement with Talent Services LLC for the design and production of eight modular units that meet the Department of Energy's Net-Zero Energy Ready Requirements. These units, ranging from one to three bedrooms, are expected to be delivered in North Carolina by Q4 2024. This project, potentially expanding to 600 units over seven years, aligns with Safe & Green's commitment to sustainable, modular construction.

April 11, 2024 | 1:02 pm
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Safe & Green Holdings Corp. (SGBX) announces a significant design/build agreement with Talent Services LLC for sustainable modular units, indicating a strong move towards green construction and potential growth.
The agreement with Talent Services LLC for the design and production of modular units that adhere to Net-Zero Energy Ready Requirements represents a significant business development for Safe & Green Holdings. This project not only aligns with the company's commitment to sustainable construction but also opens up potential for substantial growth with the possibility of expanding to 600 units over seven years. The announcement could positively influence investor perception and stock price in the short term, reflecting the company's growth potential in the green construction sector.
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