Cardinal Infrastructure Group Awarded Contract for Large-Scale Data Center Campus Development

RALEIGH, N.C., April 9, 2026 /PRNewswire/ --

(NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced it has been awarded a $24 million contract to deliver full-site civil infrastructure services for the first phase of a large, multi-phase data center project. Work is expected to begin in the second quarter of 2026 and is projected to reach substantial completion in 2027.

This award represents the first mission-critical data center contract in Cardinal's history and demonstrates the Company's expanding ability to compete for and execute on large-scale, complex infrastructure projects across a broadening set of end markets. Cardinal will self-perform the complete civil scope across the campus, including wet utilities installation, earthwork, erosion and sediment control, storm drainage and stormwater management, and site paving and surface improvements.

"This award reflects Cardinal's ability to execute complex, large-scale site work on the timeline and standards that major technology customers demand," said Jeremy Spivey, Chairman and Chief Executive Officer. "As we execute on our growth strategy, expanding into large-scale technology infrastructure projects like this one represents exactly the kind of end market diversification we've been focused on delivering for our shareholders." 

SOURCE Cardinal Infrastructure Group Inc.