SG Echo to provide additional 90 units for approximately $6M

Safe & Green Holdings announced that SG Echo, a subsidiary of Safe & Green Holdings , has entered into an agreement to provide an additional 90 units for a private, long-standing client, with a price tag of roughly $6M. The order consists of 90 units which are part of an ongoing programmatic ordering process between the two companies. 80 of the units are a second product line from this client that fit into SG Echo’s existing capacity and expertise in manufacturing. "It’s very rewarding to see a relationship grow and expand the way it has with this client of ours," David Cross, Vice President of Business Development with Safe & Green Holdings Corp. noted. "As our clients transform themselves, we intend to support this evolution via our factory growth coupled with production enhancements. It is beneficial to be as nimble as we are; creating the solutions needed for our clients. This is a customer that really believes in us and has come to us with a variety of needs that we’re happy to help with." The deliveries of the current set of units are anticipated to conclude in Q3 2023. The Company will provide further updates as appropriate on the current order, future orders and the evolving relationship with the private client.