OLENOX INDUSTRIES INC.

What OLENOX INDUSTRIES INC. does

Olenox Industries Inc. operates as a vertically integrated energy-and-infrastructure company under the public holding entity Safe & Green Holdings Corp., headquartered in Conroe, Texas. Its stated model — branded 'Energy to Compute' — produces low-cost energy from proprietary assets, converts it into usable power, deploys owned digital infrastructure, and coordinates the stack through an intelligent operating layer. The proprietary Olenox Technology, patented by founder and CEO Michael McLaren, underpins the energy side of the model and is documented in academic publications on selective oil agglomeration, coal water oil fuel (CWF), and clean coal fuel preparation.

The company's product surface spans four core lines — Energy Production, Digital Infrastructure, an Intelligent Operating Layer, and Modular Building Services — with the modular service line further segmented into manufacturing, development, medical, and environmental solutions. The go-to-market is enterprise field sales targeting energy, infrastructure, healthcare, and industrial buyers; pricing is not publicly disclosed and project inquiries are routed through an investor-relations portal and a single phone line. The corporate website is currently under redesign, investor relations is hosted on a separate IR site, and no revenue, headcount, customer logos, or funding rounds are disclosed in available materials. The company has been operating since 2017 and is led by McLaren as Chairman & CEO alongside COO Jim Pendergast and a board that includes former senior officials from Thomson Reuters, the U.S. Department of State, Microsoft, and Amazon.

Name

OLENOX INDUSTRIES INC.

Legal name

Safe & Green Holdings Corp.

Website

https://safeandgreenholdings.com

Company type

Public

Founded year

2017

Operating status

Operating

Short description

Olenox Industries Inc. (Safe & Green Holdings Corp.) operates a vertically integrated Energy-to-Compute platform — proprietary low-cost energy production, owned digital infrastructure, and an intelligent operating layer — serving enterprise and government buyers, alongside modular building services for manufacturing, medical, and environmental applications.

Ownership category

akta.pro rank

Product category

Energy Infrastructure Services

NAICS

Computer and Peripheral Equipment Manufacturing (33411)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC)

akta.pro secondary industry

IT Operations Management (ITOM) Platforms (HDAEALAC)

Keywords

• Modular building manufacturing
• Low-cost energy production
• Digital infrastructure deployment
• Modular medical buildings
• Modular environmental solutions

Headquarters

HQ city

Conroe

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D

Revenue model

1. Energy Production: Revenue generated from low-cost energy production using proven assets. Energy is converted into usable power for owned digital infrastructure and potentially sold to external customers.
2. Modular Infrastructure Solutions: Revenue from modular building manufacturing, modular development, modular medical buildings, and modular environmental solutions. Project-based revenue model targeting enterprise and government customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Olenox operates a vertically integrated model that produces low-cost energy from proven assets, converts it to usable power, and deploys owned digital infrastructure coordinated by intelligent operating layers. Alongside this energy-to-compute platform, the company manufactures and develops modular buildings across manufacturing, general development, medical, and environmental applications for enterprise, government, industrial, and healthcare customers.

Product overview

Olenox Industries Inc. (Safe & Green Holdings Corp.) operates as a vertically integrated energy and infrastructure company with four interconnected product lines: (1) Energy Production — low-cost energy generation from proven assets; (2) Digital Infrastructure — owned infrastructure powered by the company's own energy; (3) Intelligent Operating Layer — an AI-driven layer that monitors, automates, and optimizes the entire system; and (4) Modular Building Services — encompassing manufacturing, development, medical buildings, and environmental solutions. The company follows a platform-plus-modules architecture where energy production feeds into owned digital infrastructure, coordinated by an intelligent operating layer, while separately offering modular construction services.

Differentiator

Problem solved

Functional benefit

Products and services

• Modular Building Manufacturing

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Crusoe Energy: Powers AI/HPC compute with dedicated, often flared-gas energy assets via vertically integrated 'Energy to Compute' infrastructure. The closest conceptual peer to Olenox's vertically connected energy-plus-infrastructure thesis.
• Iris Energy (IREN): Builds and operates renewable-powered data centers for bitcoin mining and AI/HPC compute — directly comparable Energy-to-Compute thesis, with stronger ESG positioning than Olenox's coal-anchored IP.
• CleanSpark: Energy-first bitcoin mining operator focused on low-cost power acquisition and grid optimization — overlaps Olenox on the 'intelligent optimization of energy-to-compute' angle.
• Marathon Digital Holdings: One of the largest publicly traded bitcoin mining companies with a stated focus on low-cost, often behind-the-meter power — relevant for the owned-energy-to-compute model and as a public-market comparable for a small-cap energy-infrastructure listing.
• WillScot Mobile Mini: Largest North American provider of modular space and storage solutions including modular offices and complex building projects — directly comparable to Olenox's Modular Building Manufacturing, Development, and Medical sub-lines.
• Talen Energy Corporation: Independent power producer that sold dedicated nuclear-powered capacity to AWS for an on-site data center campus — the canonical example of co-located dedicated energy and compute infrastructure that Olenox's model aspires to replicate.
• TeraWulf: Vertically integrated energy + bitcoin mining operator running its own power infrastructure to host digital compute workloads — same owned-energy-to-compute architecture at smaller scale.
• Applied Digital: Designs, builds, and operates data centers purpose-built for AI/HPC and crypto compute, with explicit focus on co-locating with low-cost power — same target wedge (low-cost energy → compute) as Olenox.

Broad incumbents

• Vantage Data Centers: Global hyperscale data center platform; comparable as a large-scale owner/operator of compute infrastructure, but does not vertically integrate dedicated power generation the way Olenox aims to.

Emerging players

• Cipher Mining: Newly built bitcoin mining operation with dedicated power agreements; comparable as an early-stage Energy-to-Compute operator, though without the broad modular-construction side business Olenox carries.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OLENOX INDUSTRIES INC.