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Chesapeake Utilities partners with NextEra Energy Resources on Florida Energy Pathway gas project, selling 49% stake
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Chesapeake Utilities partners with NextEra Energy Resources on Florida Energy Pathway gas project, selling 49% stake
  • Chesapeake Utilities sold a 49% stake in the Florida Energy Pathway natural gas transmission project to NextEra Energy Resources.
  • Peninsula Pipeline Holdings will retain 51% ownership; the partners formed a joint venture for development.
  • Peninsula Pipeline Company was engaged to construct, manage, and operate the project.
  • Project targets a 24-inch intrastate pipeline from Palm Beach County to Miami-Dade County; total investment estimated at USD 1.2 billion.
  • Construction expected to start in 1H 2028; in-service targeted for 2030, subject to final commissioning.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chesapeake Utilities Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-377589), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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