Green Stocks in Play - Safe & Green Holdings Corp. (NASDAQ: SGBX) Soars on News of Agreement to Produce Four Modular Electrical Distribution Centers

April 25, 2024 (www.waternewswire.com) Investorideas.com, a go-to platform for big investing ideas, reports on trading for Safe & Green Holdings Corp. (NASDAQ: SGBX), a leading developer, designer, and fabricator of modular structures. The stock is in the top ten NASDAQ percentage gainers following today's news.

The stock is trading at $0.2631, up 0.1186 or 81.46% on over 129 Million shares. The stock's high for the day was 0.3164.

Safe & Green reported that it has entered into an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.

A modular electrical distribution center offers a flexible and customizable solution for distributing electricity from a single source to multiple destinations. The unit excels in versatility and dependability, efficiently managing and distributing electrical power, and is easily adaptable to evolving technologies and escalating power requirements.

Paul Galvin, Chairperson and CEO of Safe and Green Holdings stated, "We are pleased that we have entered into this agreement to produce the first four units of what we anticipate will be a 20-unit order for 2024. Over the years, Safe and Green has manufactured over a hundred of these modular electrical distribution center units, and we are excited to be manufacturing them again. The versatility of these units allows for electrical distribution wherever and whenever it's needed, once again highlighting one of the key advantages of modular construction."

News: https://ca.finance.yahoo.com/news/safe-green-holdings-announces-entered-130000699.html

Research more green stocks with Investorideas.com free stock directory

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for various sectors, including gaming, biotech, tech and sports. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp This content was not AI generated.

Contact Investorideas.com

Dawn Van Zant and Cali Van Zant

800 665 0411

Water-Stocks.com: investing ideas in water stocks

Like Water Stocks? View our Water Stocks Directory

------

Disclaimer: Waternewswire.com is a news and press release publisher. The following news is published as information only for our readers. Please contact the company directly for any questions regarding the content or claims.