Chesapeake Utilities Corporation Announces Sale of 49% Ownership Interest in Florida Energy Pathway Project
Chesapeake Utilities (CPK) sold a 49% stake in its Florida Energy Pathway project to NextEra Energy Resources, retaining 51%. The $1.2B project, set to begin construction in 2028, aims to expand natural gas capacity in South Florida. CPK expects the partnership to drive long-term value for shareholders.


