Centuri Secures Nearly $400 Million in New Commercial Awards Across the U.S.

Awards span the coasts and include new projects, Master Service Agreement (MSA)

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, North American utility infrastructure services company, today announced nearly $400 million in customer awards. The awards leverage Centuri’s core capabilities and demonstrate continued market capture across the United States’ utility and energy sectors. Approximately 70% of the new awards value represents project awards and a new master service agreement (MSA), with the remaining value related to MSA renewal.

The announced scopes include a significant steel pipe replacement project with an existing customer in the Midwest in direct response to the PHMSA Gas Mega Rule. Also included is a multi-year contract with a long-tenured customer to support natural gas distribution replacement, system improvement, and growth across multiple service territories in New England. New projects reflect essential support system work to ensure reliable power delivery and connectivity in support of future data center operations, including the deconstruction and refurbishment of combustion and steam compressor turbines. Also included is the full project delivery of a clean energy project comprising a Mechanical Vapor Recompression (MVR) system to upgrade an existing ethanol plant. The awards complement the previously announced $300 million in awards on August 27.

“These commercial awards with both new and existing customers reflect not only the strength of the relationships we build but also our customers’ confidence in our ability to deliver and innovate,” said Centuri President and CEO Christian Brown. “These deliberate pursuits showcase the breadth and range of both our capabilities and project management expertise, and position us for sustained growth and long-term shareholder value creation.”

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.

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