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Chesapeake Utilities said its indirect subsidiary Peninsula Pipeline Holdings sold a 49% minority interest in Florida Energy Pathway, a South Florida natural gas transmission infrastructure project. Peninsula retains 51% ownership.
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.
Chesapeake Utilities Corporation, via Peninsula Pipeline Holdings, announced the sale of a 49% ownership interest in the Florida Energy Pathway natural gas infrastructure project, with NextEra Energy Resources to acquire a minority interest.