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Recent Updates — STRL

July 10, 2026View Source ↗

On July 6, 2026, Mark D. Wolf, General Counsel, Chief Compliance Officer, and Corporate Secretary, notified the company of his intention to retire later in the year. Mr. Wolf will remain in his current role to assist with the transition. Sterling Infrastructure, Inc. is an infrastructure company providing site development, transportation, and building solutions.

July 8, 2026View Source ↗

Sterling Infrastructure, Inc. entered into a Second Amended and Restated Credit Agreement on July 2, 2026, with BMO Bank N.A. acting as administrative agent. The agreement increases the company's borrowing capacity by $1.05 billion, establishing revolving loans up to an aggregate principal amount of $1.5 billion. The facility matures on July 2, 2031, and includes an option to establish an incremental facility for term loans or additional revolving borrowings. Proceeds are intended for refinancing debt, capital expenditures, acquisitions, and general corporate purposes. As of the report date, $90 million was outstanding under the revolving loans. The agreement includes financial covenants requiring a Total Net Leverage Ratio not exceeding 3.50 to 1.00 and an Interest Coverage Ratio of at least 3.00 to 1.00. Sterling Infrastructure, Inc. provides infrastructure solutions for various construction and industrial markets.

June 9, 2026View Source ↗

On June 9, 2026, Sterling Infrastructure, Inc. closed the acquisition of Stone Ridge Contracting, LLC, a site development contractor based in Pocatello, Idaho. Sterling Infrastructure, Inc. operates in the infrastructure construction and services industry.