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Centuri Holdings Priced, NYSE: CTRI

Carve-out of Southwest Gas providing infrastructure services to utilities.

Industry: Industrials

Latest Trade: $25.58 0.00 (0.0%)

First Day Return: +10.1%

Return from IPO: +21.8%

Industry: Industrials

Centuri is a leading, pure-play North American utility infrastructure services company with over 110 years of operating history that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. We are a leader in utility infrastructure services and serve as long-term strategic partners to, and an extension of, North America’s electric, gas and combination utility providers, delivering a wide range of infrastructure solutions that ensure safe, reliable and environmentally sustainable grid operations. Our service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. We also serve complementary, attractive and growing end markets such as renewable energy and 5G datacom. Guided by our values and our unwavering commitment to serve as long-term partners to customers and communities, our more than 12,500 employees enable our customers to safely and reliably deliver electricity and natural gas and achieve their goals for environmental sustainability.
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IPO Data
IPO File Date 03/22/2024
Offer Price $21.00
Price Range $18.00 - $21.00
Offer Shares (mm) 12.4
Deal Size ($mm) $260
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/17/2024
Offer Price $21.00
Price Range $18.00 - $21.00
Offer Shares (mm) 12.4
Deal Size ($mm) $260
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
UBS Investment Bank
BofA Securities
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Company Data
Headquarters Phoenix, AZ, United States
Founded 1909
Employees 12,572
Website centuri.com

Centuri Holdings (CTRI) Performance