Olenox Completes Acquisition of CS Digital Ventures for $30 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2026
0mins
Olenox Industries announced the closing of its acquisition of 100% of the membership interests of CS Digital Ventures, an energy-intensive data center and digital infrastructure company co-founded by industry pioneer Bernardo Schucman. With the closing of the transaction, the combined company launches a differentiated, energy-led digital infrastructure platform purpose-built to convert low-cost natural gas into compute at the point of generation. Under the terms of the definitive agreement, the Company acquired 100% of the membership interests of CS Digital for total upfront consideration of $30M, consisting of $14m in newly issued Series D Preferred Stock of Olenox, with a par value of $1.00 per share and a stated value of $100.00 per share, and $16M in the form of an unsecured promissory note issued by Olenox to the equityholders of CS Digital.
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About OLOX
Olenox Industries Inc., formerly Safe & Green Holdings Corp., is an industrial holding company. The Company is focused on acquiring, operating, and scaling businesses that provide engineered solutions across industrial, energy, and infrastructure markets. Through its subsidiaries, including Giant Containers, the Company delivers modular and containerized systems designed for rapid deployment and long-term performance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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