Southwest Gas Spinoff Notes

May 13, 2022 Update

On March 1, 2022, Southwest Gas announced the spin-off of its Unregulated Utility Services Business, Centuri, into an independent company.

  • The spin-off is expected to happen in 2023 Q1 or Q2
  • Centuri is in the energy modernization space
  • The spin will leave Southwest Gas (RemainCo) as a fully regulated natural gas business
  • The goal is to create two pure-play companies