Centuri Holdings Inc. has completed the acquisition of Connect Atlantic Utility Services Corporation (CAUS), a leading electric utility services provider in Atlantic Canada. This move establishes Centuri as a provider of both electric and gas services in Canada, expanding its footprint beyond its existing natural gas distribution services. CAUS operates primarily in Nova Scotia, New Brunswick, and Newfoundland and Labrador, offering maintenance, construction, and storm services to electric utility and developer customers. Executives from both companies highlighted the complementary nature of their offerings and the potential to accelerate growth and deliver greater value to customers, employees, and stakeholders. The Canadian power market's significant growth, driven by investments in electric grid modernization and clean energy integration, was cited as a key factor in the timing of the transaction.
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