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Centuri Holdings Announces Proposed IPO, Partnering with Leading Underwriters

2024-03-22 21:20:41.671000

Centuri Holdings, a leading North American utility infrastructure services company, has filed for a proposed IPO. With over 110 years of operating history, Centuri Holdings partners with regulated utilities to maintain, upgrade, and expand the energy network. The company has enlisted UBS, BofA Securities, and J.P. Morgan as lead underwriters for the IPO [4d11492e].

This announcement comes as Centiel, a provider of uninterruptible power supply (UPS) solutions, has been awarded the prestigious 2023 Technology Innovation Award by Frost & Sullivan's Best Practices Recognition Committee. Centiel's market-driven solutions, including CumulusPower and StratusPower, have revolutionized power protection systems with unprecedented availability and enhanced energy efficiency. The company's unique design approach and collaborative partnerships have contributed to its success. As Centiel continues to grow, it remains dedicated to innovation, sustainability, and customer focus [76290775].

In addition, Landis+Gyr, a global leader in advanced metering infrastructure (AMI) solutions, has received recognition for its innovation and customer-centric approach. Frost & Sullivan has awarded Landis+Gyr the 2023 Global Company of the Year Award for its unparalleled contributions to the AMI industry. Landis+Gyr offers a comprehensive range of products and services for the energy value chain, including analytics, distribution automation and sensors, load management, meter data management, multi-commodity AMI, and street light management. The company's portfolio includes the Revelo® grid sensor, which optimizes energy use and tracks bills. Landis+Gyr is also investing in data-driven network edge intelligence and smart infrastructure solutions, expanding its portfolio of intelligent sensing devices. The company delivers software solutions globally through cloud and SaaS delivery models. Landis+Gyr's success is attributed to its ability to develop products and solutions that align with customer needs and expectations [5f8b024b].

Furthermore, Bidgely, an AI company specializing in grid management and energy efficiency, has been named the 7th most innovative company in the Applied AI category on Fast Company's 2024 list of the World's Most Innovative Companies. Bidgely's UtilityAI™ Platform uses AI to help utility companies enhance grid management and make better use of existing infrastructure. The company's 8760 Energy Model was specifically recognized for its grid planning capabilities. Bidgely's end-to-end EV Solution also allows utilities to optimize charging and has helped achieve over 1 TWh of energy savings for global customers. Bidgely has also received recognition from AESP, IDC, and S&P Platts Global Energy Awards [bc18a990].

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