Southwest Gas Holdings Successfully Completes Centuri Separation, Ushering in New Era for Both Entities
LAS VEGAS, NV – September 5, 2025 – Southwest Gas Holdings, Inc. (NYSE: SWX) today announced the successful completion of the separation of its Centuri Group business. This significant milestone marks the dawn of a new chapter for both Southwest Gas Holdings and Centuri, allowing each company to pursue its strategic objectives with enhanced focus and flexibility.
The separation, which was finalized today, has resulted in Centuri Group operating as an independent, publicly traded entity. This strategic move was undertaken with the aim of unlocking greater value for shareholders by allowing each business to tailor its operations and investments to its specific market dynamics and growth opportunities.
For Southwest Gas Holdings, this separation signifies a renewed commitment to its core regulated natural gas utility operations. The company will now concentrate its efforts on providing safe, reliable, and affordable natural gas service to its customers across Arizona, Nevada, and California. The separation is expected to enable Southwest Gas to further invest in its infrastructure, enhance its customer service, and explore opportunities for sustainable growth within its regulated service territories. Management has expressed enthusiasm for the company’s future as a pure-play natural gas utility.
Centuri Group, now an independent entity, will focus on its diversified infrastructure services business. This includes its strong presence in the electric and gas utility, telecommunications, and water industries. Operating independently will provide Centuri with the agility to pursue strategic acquisitions, invest in new technologies, and capitalize on growth trends within the infrastructure services sector. The company is well-positioned to serve its broad customer base and expand its market reach.
The separation process has been meticulously managed, ensuring a smooth transition for employees, customers, and stakeholders of both Southwest Gas Holdings and Centuri Group. Both companies have expressed their gratitude for the support and dedication of their teams throughout this transformative period.
This strategic separation is anticipated to create substantial long-term value for shareholders of both Southwest Gas Holdings and Centuri Group by allowing each company to concentrate on its respective strengths and strategic priorities. Investors and market observers will be keenly watching the performance of these two distinct entities as they embark on their independent journeys.
Southwest Gas Holdings Announces Completion of Centuri Separation
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