Centuri Holdings Secures Nearly $500 Million in New North American Contracts

Reuters
2025/12/11
<a href="https://laohu8.com/S/CTRI">Centuri</a> Holdings Secures Nearly $500 Million in New <a href="https://laohu8.com/S/FNCSF">North American</a> Contracts

Centuri Holdings Inc. announced that it has secured nearly $500 million in new commercial awards across North America. Approximately 84% of these awards represent new work, including strategic bid awards and new Master Service Agreements (MSAs), while 16% are for renewals of existing MSAs. The contracts utilize Centuri's core electric and gas capabilities for utility and telecommunication clients in the U.S. and Canada, bringing the company's year-to-date bookings to approximately $4.3 billion. Notable contracts include a natural gas distribution construction project in the Midwest, a multi-year pipeline replacement in a major urban center, and a substation upgrade on the East Coast. MSA renewals include contracts for replacing high-pressure natural gas pipelines in the Southwest and maintaining telecom infrastructure in Canada.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centuri Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251211373105) on December 11, 2025, and is solely responsible for the information contained therein.

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