Centuri Holdings Acquires Connect Atlantic Utility Services

Reuters11-19

<a href="https://laohu8.com/S/CTRI">Centuri</a> Holdings Acquires Connect Atlantic Utility Services

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centuri Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251117217411) on November 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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