$CPK (CHESAPEAKE UTILITIES) — 8-K: Chesapeake Utilities sells 49% of $1.2B Florida Energy Pathway project to NextEra

Chesapeake Utilities, through subsidiary Peninsula Pipeline Holdings, sold a 49% minority interest in the Florida Energy Pathway natural gas transmission project to NextEra Energy Resources. Peninsula retains 51% ownership. Total project investment is estimated at approximately $1.2 billion. Construction is expected to begin in the first half of 2028, with the project anticipated to be in-service in 2030.

Chesapeake Utilities, through subsidiary Peninsula Pipeline Holdings, sold a 49% minority interest in the Florida Energy Pathway natural gas transmission project to NextEra Energy Resources. Peninsula retains 51% ownership. Total project investment is estimated at approximately $1.2 billion. Construction is expected to begin in the first half of 2028, with the project anticipated to be in-service in 2030.