CHESAPEAKE UTILITIES CORP 8K

Chesapeake Utilities Corporation announced a planned $1.2 billion Florida Energy Pathway intrastate natural gas pipeline project in south Florida, targeted to enter service in 2030 and potentially co-owned with third-party investors of up to 49%.

On July 13, 2026, Chesapeake Utilities Corporation announced that its subsidiary Peninsula Pipeline Company will develop, construct, and operate the Florida Energy Pathway, a new 24-inch intrastate natural gas pipeline running from Palm Beach County to Miami-Dade County in south Florida, anchored by nearly 250,000 dekatherms per day of firm commitments from multiple investment grade shippers. The project, which will receive upstream capacity from Florida Gas Transmission’s Phase IX expansion and is still open for additional binding commitments, is expected to require approximately $1.2 billion in total investment, with an anticipated in-service date in 2030 subject to final commissioning. Chesapeake Utilities plans to finance the project in part by partnering with one or more third parties that may invest in and own up to 49% of the project, positioning the pipeline as a long-term regulated growth opportunity aimed at alleviating regional energy supply constraints, enhancing system reliability, and supporting economic and population growth in south Florida.

Filing Facts

CIK

19745

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-047964

Alert Tier

6