SG Echo awarded $11.3M purchase order to supply modular units

Safe & Green Holdings announced that SG Echo has been awarded a purchase order to provide over 150 additional modular units to an existing infrastructure solutions customer. The purchase order is expected to generate revenue of approximately $11.3 million, commencing immediately and continuing over the next six months. This order is in addition to another recent follow-on order for 40 units with the same customer, as previously announced on October 30, 2023. The Company anticipates the order will utilize a significant portion of its remaining capacity across its two operational manufacturing facilities.