Safe & Green Holdings Corp. (NASDAQ: SGBX), a diversified holding company delivering solutions across infrastructure, construction, energy, healthcare, and environmental sectors, has engaged IBN to enhance its corporate communications strategy. The engagement aims to bolster the company's visibility and shareholder communication as it progresses with key operational initiatives.
The company is advancing its energy initiatives through Olenox Corp., a subsidiary focused on acquiring and revitalizing underutilized oil and gas assets. Following the May 2025 acquisition of 111 wells across 1,600 acres from Sherman Oil & Gas and affiliates, Olenox has mobilized operations in Texas and reached production levels of 55 barrels per day, with additional increases expected from well restimulations. This acquisition positions Safe & Green Holdings to capitalize on the energy sector while leveraging its modular construction expertise.
Complementing Olenox, Safe and Green's modular manufacturing arm, SG Echo, is consolidating operations into a new Texas facility shared with Olenox to streamline logistics and strengthen operational efficiency. This integration is expected to reduce costs and improve coordination between the company's energy and construction divisions.
The engagement with IBN, a specialized communications platform under the Dynamic Brand Portfolio @IBN, provides access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release distribution, and social media distribution to millions of followers. This partnership is intended to ensure that Safe & Green Holdings' strategic developments receive broad coverage among investors and industry stakeholders.
Safe & Green Holdings operates as a leading modular solutions company, with core capabilities including the development, design, and fabrication of modular structures. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. The company's diversified portfolio spans multiple sectors, allowing it to mitigate risk and capitalize on cross-industry synergies.
The latest news and updates relating to SGBX are available in the company's newsroom at https://nnw.fm/SGBX. For more information about NetworkNewsWire and its services, visit https://www.NetworkNewsWire.com.
