CTRI

Centuri Holdings, Inc. provides utility infrastructure services to natural gas and electric utilities across North America. The company provides engineering, construction, maintenance, and replacement services for natural gas distribution systems, electric utility infrastructure, and related pipeline and infrastructure projects. Centuri serves utility customers requiring outside construction services for new infrastructure, system upgrades, emergency repairs, and regulatory compliance projects. The company operates through subsidiaries including NPL Companies, Linetec Services, Neuco, and others serving natural gas and electric utility markets. Based in Scottsdale, Arizona, Centuri was spun off from Southwest Gas Holdings in 2024 to separate utility infrastructure services from regulated utility operations. The company benefits from essential utility infrastructure services, long-term utility relationships, infrastructure investment trends including pipeline replacements and grid modernization, and regulatory-driven demand. Centuri faces competitive markets, labor availability challenges, project execution risks, weather impacts, and cyclicality in utility capital spending. The company continues to focus on operational excellence, safety, customer relationships, and capitalizing on utility infrastructure investment opportunities across North America.