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Centuri secures $345 million in new customer contracts

April 9, 2026 8:01 AM

Centuri Holdings Inc. (NYSE: CTRI) announced it has received more than $345 million in new commercial awards for utility and energy infrastructure services across the United States.

The contracts include work on natural gas and electric infrastructure projects. New projects and new or expanded Master Services Agreements represent approximately 70% of the award value, while renewals of existing agreements with current customers account for the remaining 30%.

The work encompasses power and utility infrastructure for hyperscale data center developers, multi-year natural gas distribution system replacement projects, transmission line construction and maintenance, smart utility infrastructure installation, natural gas compressor station upgrades, and traffic control services.

"These awards reflect the diversification of our offerings and the ability and expertise of our teams to deliver high-quality solutions in support of our customers' broad range of energy needs," said Christian Brown, Centuri's president and CEO.

The Phoenix-based company stated these awards bring its total commercial awards for 2026 to nearly $1.4 billion. Centuri provides utility and energy infrastructure services to regulated utilities across the United States and Canada.

The company operates through partnerships with utilities to build and maintain energy networks serving homes and businesses throughout North America.

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