Business
Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards
PHOENIX, March 24, 2025--Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced several significant customer awards to begin 2025. The bookings plus options exceed $490 million and represent both existing customer contract renewals and new customer awards in new geographies, spanning both coasts.
About this update from Centuri Holdings, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":932,"height":250,"url":"https://media.zenfs.com/en/business-wire.com/6db92b947d92599e3cc1e514d2716605"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/nDv8eoxwkgX18_ESYdZ5wg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI1ODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/6db92b947d92599e3cc1e514d2716605","width":932,"height":250},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/4dGQygi9nqw3lUAzJBnGDA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTE4NjQ7aD01MDA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/6db92b947d92599e3cc1e514d2716605","width":932,"height":250}},"lazy":false},{"type":"text","content":"Early Agreements in 2025 Underpin Commitment to Delivering on Long-Term, Profitable Growth","length":90,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Wins include renewal of two significant multi-year customer agreements and two new customer awards","length":98,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Awards expand Centuri’s geographic reach into new markets","length":57,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Bookings represent work in the Northeast, Midwest, and expansion into Pacific Northwest","length":87,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":242,"olType":false},{"type":"text","content":"PHOENIX, March 24, 2025--(BUSINESS WIRE)--Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced several significant customer awards to begin 2025. The bookings plus options exceed $490 million and represent both existing customer contract renewals and new customer awards in new geographies, spanning both coasts.","length":428,"tagName":"p"},{"type":"text","content":"As part of its growth strategy to secure Master Service Agreement (MSA) renewals and win new MSA contracts, Centuri successfully renewed two multi-year contracts with long-tenured utility customers in the Northeast and Midwest. In addition, the Company was awarded two new MSAs in a new utility client geography in the Pacific Northwest. Contracted work includes the maintenance, repair, expansion, and upgrade of electri...