{"id":828914,"date":"2025-03-24T08:33:17","date_gmt":"2025-03-24T12:33:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/centuri-announces-nearly-half-a-billion-dollars-in-multi-year-customer-awards\/"},"modified":"2025-03-24T08:33:17","modified_gmt":"2025-03-24T12:33:17","slug":"centuri-announces-nearly-half-a-billion-dollars-in-multi-year-customer-awards","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/centuri-announces-nearly-half-a-billion-dollars-in-multi-year-customer-awards\/","title":{"rendered":"Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Early Agreements in 2025 Underpin Commitment to Delivering on Long-Term, Profitable Growth<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b><i>Wins include renewal of two significant multi-year customer agreements and two new customer awards<\/i><\/b><\/li>\n<li><b><i>Awards expand Centuri\u2019s geographic reach into new markets<\/i><\/b><\/li>\n<li><b><i>Bookings represent work in the Northeast, Midwest, and expansion into Pacific Northwest<\/i><\/b><\/li>\n<\/ul>\n<p>PHOENIX&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCenturi Holdings, Inc. (NYSE: CTRI) (\u201cCenturi\u201d or the &#8220;Company&#8221;), 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.\n<\/p>\n<p>\nAs 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 electric and gas systems for investor-owned utilities across the U.S.\n<\/p>\n<p>\n\u201cThese significant customer awards directly reflect the long-term, collaborative nature of our customer relationships that average 24 years, and are a testament to our dedicated teams working on behalf of our clients. These multi-year contracts also leverage the depth and expertise of our diversified, union and non-union workforces across the United States,\u201d said Centuri President and CEO Christian Brown. \u201cWe are committed to delivering exceptional service and meeting the evolving needs of our utility and energy customers across North America. Equally, we are focused on growing our existing customer relationships and diversifying our customer base to deliver long-term, profitable growth.\u201d\n<\/p>\n<p>\nLearn more about Centuri\u2019s capabilities at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcenturi.com&amp;esheet=54227438&amp;newsitemid=20250324532659&amp;lan=en-US&amp;anchor=https%3A%2F%2Fcenturi.com&amp;index=1&amp;md5=9df2642018cb6e8ee090a5ca9e242a2d\">https:\/\/centuri.com<\/a><\/p>\n<p><b>About Centuri<\/b><\/p>\n<p>\nCenturi Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can often be identified by the use of words such as \u201cwill,\u201d \u201cpredict,\u201d \u201ccontinue,\u201d \u201cforecast,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201coutlook,\u201d \u201ccould,\u201d \u201ctarget,\u201d \u201cproject,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201cestimate,\u201d \u201cshould,\u201d \u201cmay\u201d and \u201cassume,\u201d as well as variations of such words and similar expressions referring to the future. Forward-looking statements could include (without limitation) statements regarding our confidence in our prospects to deliver value for our stockholders as an independent standalone company and our expectation to continue to build on our track record of delivering consistent growth by serving our customers across the utility value chain. A number of important factors affecting the business and financial results of Centuri could cause actual results to differ materially from those stated in any forward-looking statements. These factors include, but are not limited to, capital market risks and the impact of general economic or industry conditions. Factors that could cause actual results to differ also include (without limitation) those discussed in Centuri\u2019s filings filed from time to time with the SEC. The statements in this press release are made as of the date of this press release, even if subsequently made available by Centuri on its website or otherwise. Centuri does not assume any obligation to update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250324532659r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250324532659\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250324532659\/en\/<\/a><\/span><\/p>\n<p>\nFor Centuri Shareholders, contact:<br \/>\n<br \/>(623) 879-3700<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investors@Centuri.com\">Investors@Centuri.com<\/a><\/p>\n<p>\nFor Centuri media information, contact:<br \/>\n<br \/>Jennifer Russo<br \/>\n<br \/>(602) 781-6958<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:JRusso@Centuri.com\">JRusso@Centuri.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Arizona<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Energy Utilities Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250324532659\/en\/2417277\/3\/Centuri_Horizontal_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards Early Agreements in 2025 Underpin Commitment to Delivering on Long-Term, Profitable Growth Wins include renewal of two significant multi-year customer agreements and two new customer awards Awards expand Centuri\u2019s geographic reach into new markets Bookings represent work in the Northeast, Midwest, and expansion into Pacific Northwest PHOENIX&#8211;(BUSINESS WIRE)&#8211; Centuri Holdings, Inc. (NYSE: CTRI) (\u201cCenturi\u201d or the &#8220;Company&#8221;), 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. As part of its growth strategy to secure Master Service Agreement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/centuri-announces-nearly-half-a-billion-dollars-in-multi-year-customer-awards\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-828914","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/centuri-announces-nearly-half-a-billion-dollars-in-multi-year-customer-awards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Centuri Announces Nearly Half a Billion Dollars in Multi-Year Customer Awards Early Agreements in 2025 Underpin Commitment to Delivering on Long-Term, Profitable Growth Wins include renewal of two significant multi-year customer agreements and two new customer awards Awards expand Centuri\u2019s geographic reach into new markets Bookings represent work in the Northeast, Midwest, and expansion into Pacific Northwest PHOENIX&#8211;(BUSINESS WIRE)&#8211; Centuri Holdings, Inc. (NYSE: CTRI) (\u201cCenturi\u201d or the &#8220;Company&#8221;), 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. 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(NYSE: CTRI) (\u201cCenturi\u201d or the &#8220;Company&#8221;), 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. 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