1. Centuri announces over $550 million in new customer awards. 2. Awards include multi-year contract renewal and expansion in Midwest. 3. Contract will build a Renewable Natural Gas facility in the Northeast. 4. Centuri’s strong reputation aids in securing significant contracts. 5. Recent awards build on $575 million announced in June 2025.
The announcement of substantial contracts indicates solid revenue growth. Similar past contracts have led to price increases in CTRI.
Significant contracts directly bolster revenue expectations, influencing investor sentiment positively. Continued expansion and customer loyalty enhance CTRI's market position.
Long-term contracts enhance predictable cash flows, supporting steady growth over years. Historic performance shows sustained growth with similar deals.
PHOENIX--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, North American utility infrastructure services company, today announced more than $550 million in new customer awards. These awards further showcase the Company’s ability to capitalize on opportunities within its current customer base while simultaneously supporting the infrastructure essential to building next-generation energy solutions.
The revenue value of the announced awards largely reflects a significant multi-year contract renewal for one of the largest regulated combination utilities in the United States with strategic expansion into adjacent territories. The total also includes a contract to build a Renewable Natural Gas facility in the Northeast, the fourth of its kind for Centuri's union electric division, where the Company will serve as lead project delivery contractor. Today’s release comes on the heels of $575 million in awards announced on June 23, 2025.
“These contract renewals with our long-standing natural gas customers supported by significant expansion are a testament to the reputation we have earned as a capable, client-focused, long-term energy infrastructure partner,” said Centuri President and CEO Christian Brown. “Our ability to provide end-to-end solutions in both natural gas and electric infrastructure not only positions us well to provide a range of solutions to meet our customer’s booming power demands but also fortifies our presence in key markets.”
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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