Sterling Infrastructure subsidiary bags $100M project in the U.S.
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Contributor since / Followers
Contributor since / Followers
8 months ago
Sterling Infrastructure (NASDAQ:STRL) said that Plateau Excavation, a sterling subsidiary, has been awarded a data center project in the southeastern U.S. with a value of ~$100M.
The project scope covers 280 acres and includes 125,000 linear feet of underground infrastructure installation.
Work is expected to begin in Q2 2024.
The stock price gained 2.4% on Monday during pre-market hours of trading.