Sterling Announces Record Bookings of $325 million in E-Infrastructure Solutions for the First Quarter 2023

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Apr 18, 2023

Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling") today announced that its E-Infrastructure Solutions segment reported new awards totaling $325 million during the first quarter of 2023. This includes the previously announced award by Hyundai Engineering America, Inc. for a site development project encompassing over 600 acres, the largest E-Infrastructure project in the company’s history. Sterling’s E-Infrastructure projects include large-scale site development services for industrial facilities, data centers, multi-use facilities, e-commerce distribution centers and warehouses. E-Infrastructure is the Company’s fastest-growing and highest-margin segment.