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Centuri Announces More than $345 Million in Customer Awards

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Centuri Announces More than $345 Million in Customer Awards
News

News

Centuri Announces More than $345 Million in Customer Awards

2026-04-09 20:00 Last Updated At:20:10

PHOENIX--(BUSINESS WIRE)--Apr 9, 2026--

Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the "Company"), a leading North American utility and energy infrastructure services company, today announced more than $345 million in new commercial awards. The bookings span the U.S. and utilize the company’s comprehensive services for both natural gas and electric infrastructure.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260409829691/en/

New projects and new or expanded Master Services Agreements (MSAs) comprise approximately 70% of the award value, with the remaining 30% representing renewals of existing MSAs with long-standing customers. The mix of work includes large scale power and utility infrastructure on behalf of hyperscale data center developers; multi-year natural gas distribution system replacement work; transmission line construction and maintenance; ongoing maintenance and installation of smart utility infrastructure; fabrication and system upgrades for natural gas compressor stations, and traffic control and barricading 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 Centuri President and CEO Christian Brown. “We also continue to invest in cultivating industry-leading talent that enables us to deliver best-in-class execution. These awards are an example of how we have positioned the business to deliver growth that creates tangible value for our shareholders.”

Today’s announced awards complement previous bookings, bringing the company’s total commercial awards for year-to-date 2026 to nearly $1.4B.

About Centuri

Centuri Holdings, Inc. is a strategic utility and energy 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 contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, 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. The specific forward-looking statements made herein include (without limitation) statements regarding our ability to deliver increasing value for all our shareholders and the 2026 Centuri Annual Meeting of Shareholders. A number of important risks, uncertainties and other factors affecting the business and financial results of Centuri could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, capital market risks and the impact of general economic or industry conditions and those detailed from time to time in Centuri’s reports filed with the Securities and Exchange Commission (the “SEC”), including Item 1A. Risk Factors in our Annual Report on Form 10-K for the fiscal year ended December 28, 2025. 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 (i) made as of the date of this press release, even if subsequently made available by Centuri on its website or otherwise, and (ii) based on assumptions and assessments made by our management in light of their experience and perceptions of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Except to the extent required by applicable law, Centuri does not assume any obligation to update or revise the 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. You are cautioned not to place undue reliance on these forward-looking statements.

Centuri teams perform natural gas infrastructure modernization work in Utah.

Centuri teams perform natural gas infrastructure modernization work in Utah.

New films by Polish filmmaker Paweł Pawlikowski, Japanese writer-director Ryusuke Hamaguchi and Spain’s Pedro Almodovar will premiere at the 79th Cannes Film Festival next month.

Organizers for the South of France festival, which runs May 12-23, laid out a lineup heavy on big-name international auteurs at a news conference Thursday in Paris.

Cannes’ most sought-after slots are in its competition lineup. This year, 21 films will vie for the Palme d’Or. That includes “Fatherland,” a Cold War drama starring Sandra Hüller by Pawlikowski (“Ida,” “Cold War” ); “Sudden,” the French language debut for Hamaguchi ( “Drive My Car” ); and Almodovar’s “Bitter Christmas.”

Cannes is so far light on Hollywood releases and American filmmakers. One exception in competition is Ira Sachs' “The Man I Love,” a New York tale starring Rami Malek set during the 1980s AIDS crisis. In the Un Certain Regard sidebar, Jane Schoenbrun will unveil their follow-up to 2014’s “I Saw the TV Glow”: “Teenage Sex and Death at Camp Miasma,” about the making of a slasher movie. It stars Hannah Einbinder and Gillian Anderson.

A number of former Palme winners are in the mix. That includes Romanian auteur Cristian Mungiu’s Norway-set “Fjord,” starring the recently Oscar-nominated Renate Reinsve and Sebastian Stan. Mungiu’s “4 Months, 3 Weeks and 2 Days” won the Palme in 2007.

Also returning is Japanese director Hirokazu Kore-eda, whose 2018 drama “Shoplifters” won the Palme. He’ll debut the sci-fi “Sheep in the Box,” about a grieving couple in the near future who bring home a humanoid boy as their son.

The specialty distributor Neon has already boarded “Fjord,” “Sheep in the Box” and “Sudden,” giving it a chance to extend its historic record of six Palme winners in a row. Last year, the Neon release “It Was Just an Accident,” by Iranian filmmaker Jafar Panahi, won the Palme.

Neon is also behind an out of competition selection in “Her Private Hell” by Nicolas Winding Refn, the “Drive” filmmaker. A thriller starring Sophie Thatcher and Charles Melton, it's Refn's first feature film since 2016's “The Neon Demon.”

The Russian filmmaker Andrey Zvyagintsev is also back in the Cannes competition lineup with “Minotaur.” Zvyagintsev's last two films, “Loveless” and “Leviathan,” both debuted at Cannes and went on to land Oscar nominations.

Other competition entries include films by Asghar Farhadi (“Parallel Stories”), Lukas Dhont (“Coward”) and Lazlo Nemes (“Moulin”).

Thierry Fremaux, Cannes’ artistic director, announced the selections in a news conference alongside festival president Iris Knobloch. Fremaux said that 2,541 feature films were submitted for inclusion.

Cannes is coming off a 2025 festival that produced a number of Oscar contenders, including two best-picture nominees in Joachim Tier’s “Sentimental Value” and Kleber Mendonça Filho’s “The Secret Agent.” This year’s Cannes appears well positioned to continue the festival’s stature as the global launching pad of many of the year’s best international films, some of which are bound to show up at next year’s Oscars.

But Hollywood studios appear to be a no-show. Fremaux has said not to expect red carpet premieres like “Top Gun: Maverick” or “Mission: Impossible — The Final Reckoning” — both of which made splashy premieres in recent years. This year, Cannes announced ahead of the Paris news conference that John Travolta's directorial debut “Propeller One-Way Night Coach” will debut in the Cannes Premiere section.

Two prominent American directors will debut documentaries in special screenings: Steven Soderbergh with “John Lennon: The Last Interview” and Ron Howard with “Avedon,” about the photographer Richard Avedon.

Opening the festival, out of competition, is the 1920s French film “The Electric Kiss.” Cannes requires its opening movie to release the same week in French cinemas. And entry to its prestigious competition lineup requires theatrical distribution, a stipulation that — given France’s laws guarding theatrical windows — has excluded Netflix movies and other streaming titles since 2017.

This year, the Korean filmmaker Park Chan-wook will preside over the nine-member jury that will decide the Palme. And a pair of honorary Palmes will be handed out, to Barbra Streisand and to Peter Jackson.

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux attend a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux pose after a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

Cannes film festival president Iris Knobloch, right, and Cannes film festival delegate general Thierry Fremaux pose after a press conference to announce the International Cannes film festival line up for the upcoming 79th edition, Thursday, April 9, 2026 in Paris. (AP Photo/Thibault Camus)

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