Centuri wins $345 million in new utility infrastructure contracts

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

The newly awarded work includes projects involving both natural gas and electric infrastructure. According to the company, around 70% of the total contract value comes from new projects and newly established or expanded Master Services Agreements, while the remaining 30% relates to renewals of existing contracts with current customers.

The projects cover a broad range of services, including infrastructure development for hyperscale data center operators, multi-year natural gas distribution replacement programs, transmission line construction and maintenance, deployment of smart utility infrastructure, upgrades to natural gas compressor stations, 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 said the latest contracts bring its total commercial awards for 2026 to nearly $1.4 billion.

Centuri provides infrastructure services for utility and energy networks across the United States and Canada, partnering with regulated utilities to build and maintain systems that deliver energy to homes and businesses throughout North America.

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