Centuri Secures More Than $870 Million in New Commercial Awards Across North America

• Major awards include multi-year Master Service Agreement (MSA) renewals with investor-owned utilities on the East Coast.
• Announcement also includes new MSA growth in the Southwest and significant project work in the Midwest.

PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”), a leading, North American utility and energy infrastructure services company, today announced it has recently secured more than $870 million in new bookings, reflecting strong customer demand and associated investment in enabling energy infrastructure. Approximately $178 million of the bookings were achieved prior to year-end and represent growth in scope, bringing our total bookings for 2025 to $4.5 billion.

Approximately 80 percent of the awards represent renewals of existing customer Master Service Agreements (MSAs), with the remaining 20 percent for new work, including new strategic bid awards and new MSAs. The announced award value is primarily comprised of several MSA renewals for an existing East-coast-based investor-owned utility customer and its subsidiaries, as well as a new gas distribution MSA with a new customer in the Southwest. Additional awards include a natural gas storage and compression facility, and a comprehensive pipeline and compressor station upgrade. These awards highlight Centuri’s core capabilities while reflecting the growing demand for the Company’s comprehensive energy infrastructure solutions.

“Securing such a substantial value of bookings to close 2025 and begin 2026 is a strong validation of our strategy and the trust our customers place in us based on disciplined execution and operational consistency, resulting in new and repeat business,” said Christian Brown, President and Chief Executive Officer of Centuri. “The bookings momentum we are seeing today reflects a continuation of the business fundamentals and secular tailwinds we experienced in 2025, positioning us for strong revenue and earnings growth in 2026 and beyond. We are focused on delivering predictable outcomes for our shareholders while supporting our customers as they look to enhance resiliency, expand capacity, and support unprecedented load growth.”

Forward-Looking Statements

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