Chesapeake Utilities Corporation Announces Florida Energy Pathway Project
Chesapeake Utilities Corporation and its subsidiary Peninsula Pipeline Company announced the Florida Energy Pathway, a new $1.2 billion intrastate natural gas pipeline project spanning Palm Beach to Miami-Dade counties. The 24-inch pipeline is supported by firm commitments of nearly 250,000 dekatherms per day from investment-grade shippers and aims to address regional supply constraints with service targeted for 2030.
Key figures
- Deal Value Usd
- 1200000000
- Daily capacity
- 250000
- Pipeline diameter
- 24-inch
- Target partner ownership
- 49%
AI analysis
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