Centuri Holdings Announces $350M In New Customer Awards, Reflecting Strong Demand For Infrastructure Solutions Across North America

Benzinga·05/27/2025 12:31:40

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Awards reflect continued strong demand for infrastructure modernization & span multiple utility & energy sectors and geographies

Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced $350 million in new customer awards, reflecting strong demand for the company's infrastructure solutions across North America. The awards span the U.S. and include work in support of electric and gas infrastructure modernization, water relocation, utility distribution, and renewables.

The awards encompass new customer work, along with significant expansion of contracts previously awarded. The scopes include 1) a major water relocation project in the Midwest, 2) two distinct awards for an electric utility customer in the Northeast, 3) a significant program of work for one of the largest utilities in the Southwest focused on metro excavation, 4) core gas distribution services, and 5) an award for complex infrastructure installations as part of a major renewable natural gas (RNG) scope of work. Today's announcement complements the previously announced $400 million in master service agreement (MSA) renewals shared on April 24.

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