Centuri Announces Over $300 Million in Commercial Awards Across the U.S.

08/27/2025 – 05:45 AM

Awards include new projects, Master Service Agreements (MSAs), and contract renewals

• Awards span multiple geographies across the Northeast, Southeast, and Midwest
• Significant award to power massive data center complex in Pennsylvania
• MSA with brand new gas utility client and new MSA with existing electric client

PHOENIX—Centuri Holdings, Inc. (NYSE: CTRI), a major player in North American utility infrastructure services, announced today it has secured over $300 million in new customer awards. This signifies a robust demand for the company’s comprehensive energy solutions among utilities and infrastructure clients across the U.S., bolstering Centuri’s position in this critical sector.

Centuri announces more than $300 million in awards spanning the U.S.

The newly awarded contracts span a diverse range of projects, showcasing Centuri’s versatility. Notably, the company secured additional work to power expanding data center campuses in Pennsylvania, positioning itself to capitalize on the ever-growing data infrastructure market. Furthermore, two new contracts were inked to provide distribution services for both gas and electric utilities in the Midwest and Southeast. These wins, coupled with an MSA renewal from a long-standing utility client in the Northeast, demonstrate Centuri’s ability to cultivate lasting partnerships and secure repeat business. Beyond these marquee projects, the awards incorporate work supporting essential utility capital plans, including modernizing aging infrastructure, relocating electric transmission lines, and bolstering grid resilience – all critical components of maintaining reliable energy delivery in an increasingly demanding environment. This announcement builds upon the previously announced $550 million in customer awards on July 9, painting a picture of consistent growth and robust commercial activity.

“We’re pleased with the continued strong momentum in our bidding and commercial successes into the second half of the year,” stated Christian Brown, President and CEO of Centuri. “Our most recent awards are the result of our deliberate strategy to capture end-market opportunities and deliver profitable growth. Customers continue to respond well to the positioning of our differentiated offering, which provides the assets, capabilities, and people resources our customers need to deliver reliable power—all under one umbrella.” Brown’s remarks underscore Centuri’s strategic approach to market engagement, highlighting how the company’s unique value proposition is resonating with utility clients looking for comprehensive and reliable solutions.

Learn more about Centuri’s capabilities at https://centuri.com.

About Centuri

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can often be identified by the use of words such as “will,” “predict,” “continue,” “forecast,” “expect,” “believe,” “anticipate,” “outlook,” “could,” “target,” “project,” “intend,” “plan,” “seek,” “estimate,” “should,” “may” and “assume,” as well as variations of such words and similar expressions referring to the future. Forward-looking statements could include (without limitation) statements regarding our confidence in our prospects to deliver value for our stockholders as an independent standalone company and our expectation to continue to build on our track record of delivering consistent growth by serving our customers across the utility value chain. A number of important factors affecting the business and financial results of Centuri could cause actual results to differ materially from those stated in any forward-looking statements. These factors include, but are not limited to, capital market risks and the impact of general economic or industry conditions. Factors that could cause actual results to differ also include (without limitation) those discussed in Centuri’s filings filed from time to time with the SEC. The statements in this press release are made as of the date of this press release, even if subsequently made available by Centuri on its website or otherwise. Centuri does not assume any obligation to update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.

Source: Centuri Holdings, Inc.