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Chesapeake unit sells 49% stake in $1.2B Florida Energy Pathway to NextEra

Chesapeake Utilities NYSE:CPK said its unit sold a 49% stake in Florida Energy Pathway, a $1.2 billion South Florida natural gas transmission infrastructure project, to NextEra Energy Resources NYSE:NEE.

CPKNEE

Chesapeake Utilities NYSE:CPK said on Tuesday its unit has sold a 49% stake in a $1.2 billion South Florida natural gas transmission infrastructure project to NextEra Energy Resources NYSE:NEE.The project, called Florida Energy Pathway, is designed to expand natural gas transportation capacity and…