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    Centuri Announces Key Construction Milestone for Riggs Distler Work on Ørsted Sunrise Wind Project

    9/12/24 3:30:00 PM ET
    $CTRI
    Oil & Gas Production
    Utilities
    Get the next $CTRI alert in real time by email

    Wind generation project to power nearly 600,000 homes in New York with 100% renewable energy

    Sunrise Wind Project Partners Gather for Commemorative Event at Port of Coeymans

    Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or "the Company"), a premier utility infrastructure services provider, announced today at a media event alongside Ørsted and New York state leaders that it has completed the construction of more than half of the specialized wind turbine foundation componentry for Ørsted's Sunrise Wind project at the Port of Coeymans in New York's Capital District.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912368223/en/

    (Photo: Business Wire)

    (Photo: Business Wire)

    Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. Its Sunrise Wind project is New York's largest offshore wind project and will deliver up to 924 megawatts of renewable energy—enough to power nearly 600,000 homes. The project directly supports New York State's goal of achieving 70% renewable energy by 2030 and transitioning to a zero-emission electricity sector by 2040.

    The work completed by Centuri company Riggs Distler, Inc. involves the construction, assembly and inspection of large, specialized components essential to wind turbine foundations, referred to as advanced foundation component (AFCs), including external working platforms, supported internal platforms, monopile doors, and anode cages.

    "Satisfying the drastically increasing global energy demand requires a multifaceted approach, including development of clean energy sources like wind," said Centuri Interim President and CEO Paul Caudill. "Today's milestone brings Sunrise Wind one step closer to completion, and we are proud to be aligned with our energy and governmental partners in helping them achieve their renewable energy goals. These projects are a true testament to the power of public-private sector partnerships and what can be achieved with innovation and collaboration. The economic benefits of job creation and local supply chain development are equally impactful."

    In addition to contributing to the region's clean energy goals, Riggs Distler's work on Sunrise Wind has created 125 union labor jobs in the region and stimulated local businesses in and around Albany, New York. In addition, Riggs Distler's steel fabrication partner, New York-based technology manufacturer LJUNGSTRӦM, has over 225 employees working on pre-fabricating steel components for the AFCs including portions of the anode cages and suspended internal platforms.

    "Riggs Distler has worked hard to become a leading union construction contractor performing safe and reliable solutions in the offshore wind industry in America," said Stephen M. Zemaitatis Jr., President and CEO of Riggs Distler. "We are proud of the generation-to-meter infrastructure work we are doing in the northeast that will positively impact the future both environmentally and economically, paving a sustainable path for future generations."

    About Centuri Holdings, Inc.

    Centuri Holdings, Inc. is the parent company for Centuri Group Inc., a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada. For more information about Centuri, visit www.Centuri.com.

    About Riggs Distler

    Riggs Distler, a trusted leader and strategic partner in the energy and utility sectors, brings over a century of experience as one of the largest union utility, mechanical, and electrical contractors in the U.S. Based in New Jersey with a regional presence in the Northeast and Mid-Atlantic, the company is actively constructing the essential local supply chain to bolster the offshore wind industry as a Tier 1 general contractor across multiple states, and contributing to a sustainable future through innovative and reliable infrastructure development. Riggs Distler is a subsidiary of Centuri Group, Inc. Learn more at https://riggsdistler.com/

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240912368223/en/

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