Centuri Announces More than $360 Million in New Project Awards Across Utility, Energy, and Data Center Markets

Project-focused work spans US, Canada and leverages full complement of gas, electric, industrial capabilities

• Multiple project scopes in support of data center development in the Northeast
• Significant new Master Service Agreement (MSA) focused on grid resiliency in the Southwest
• Industrial, generation & mechanical work supporting utility & energy clients
• New awards emphasizing core utility distribution system upgrades

Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading, North American utility infrastructure services company, today announced more than $360 million in new awards, primarily reflecting new project scopes for utility, energy, and data center customers. The project awards and a significant new customer Master Service Agreement (MSA) represent work servicing a diverse mix of end markets and comprise a broad geographic spread, with a focus on the Company’s core capabilities in gas, electric, and energy infrastructure solutions. This announcement builds on the nearly half a billion dollars in multi-year customer awards announced on March 24, 2025.

The work includes 1) construction of substation and underground electrical infrastructure to support development of data center sites; 2) a new scope of work to provide essential grid resiliency for a leading U.S. electric utility; 3) significant industrial, generation, and mechanical work for utility and energy clients in the Northeast; and 4) modernization of utility distribution infrastructure across the U.S. and Canada, including a significant Midwest water infrastructure project and core electric and natural gas system upgrades.

Centuri President and CEO Christian Brown said, “Our customers are experiencing unprecedented demands for electric power, natural gas resources, and grid resiliency driven by surging consumer usage, technological innovation — including AI —, and ongoing extreme weather events, all requiring investment in reliable infrastructure. We are pleased to leverage our full suite of capabilities to help utility and energy customers navigate these complex challenges and deliver on their commitments to their end consumers. Centuri remains focused on building our pipeline of opportunities to help existing and new customers fulfill their infrastructure needs today and for the future.”

Learn more about Centuri’s capabilities at https://centuri.com.

About Centuri

Centuri 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.

Forward-Looking Statements

This 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 “will,” “predict,” “continue,” “forecast,” “expect,” “believe,” “anticipate,” “outlook,” “could,” “target,” “project,” “intend,” “plan,” “seek,” “estimate,” “should,” “may” and “assume,” 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’s 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.

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