Centuri Holdings Inc. has completed the acquisition of Connect Atlantic Utility Services Corporation (CAUS), Atlantic Canada’s leading electric utility services provider.
The acquisition establishes Centuri as a dual electric and gas services provider in Canada, complementing the gas distribution services provided by its Canadian subsidiary, while simultaneously expanding its geographic footprint.
Centuri President and CEO Christian Brown said: “The Canadian power market is experiencing significant growth driven by investment in electric grid modernisation, system resiliency, and clean energy integration.
“This acquisition directly supports our disciplined growth strategy by expanding our Canadian presence and market offerings, enabling us to serve customers in new geographies and positioning Centuri as a key partner in supporting Canada’s evolving energy landscape.”
CAUS provides maintenance, construction and storm services to electric utility and developer customers in the Canadian Atlantic provinces. The company primarily operates in Nova Scotia, New Brunswick and Newfoundland and Labrador.
CAUS President John MacKinnon said the merger will expand the company’s offerings and reach, and help deliver greater value to its customers.
“Canada is expected to invest nearly $2 trillion by 2050 to support the country’s electricity-grid modernisation and clean energy goals,” he said.
Neil Waugh, President of Centuri’s Canadian business segment further said: “CAUS is a great complement to our existing natural gas distribution service offerings, bringing a highly capable, committed team.
“Together we can expand what we offer our customers while accelerating Centuri’s strategy. This acquisition allows us to unlock opportunities neither organisation could achieve alone.”
