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About Chesapeake Utilities Corporation

Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy company. Chesapeake's regulated energy businesses include natural gas distribution and transmission operations on the Delmarva Peninsula and in Florida, and electric distribution operations in Florida. Chesapeake's unregulated energy businesses include its natural gas marketing subsidiary, its propane distribution operations, and its propane wholesale marketing subsidiary based in Houston, Texas.

Chesapeake Utilities Corporation Headquarter Location

909 Silver Lake Boulevard

Dover, Delaware, 19904,

United States

302-734-6799

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Latest Chesapeake Utilities Corporation News

Chesapeake Utilities : Governor Hogan Celebrates a New Abundant and Resilient Energy Resource for Somerset County — Chesapeake Utilities and Eastern Shore Natural Gas Company bring natural gas service to Somerset County

Jun 16, 2022

06/16/2022 | 05:43pm EDT Message : *Required fields DOVER, Del.- Chesapeake Utilities Corporation (NYSE: CPK) joined with Governor Hogan to recognize the accessibility of clean, affordable and plentiful natural gas for delivery for the first time to residences and businesses in Somerset County, Maryland, during a visit to the University of Maryland Eastern Shore (UMES) June 14. Due to the Governor's efforts and those of many others in the state of Maryland, Chesapeake Utilities is able to provide services enjoyed by other Marylanders for generations. Somerset County is an economically disadvantaged area - due partially to lack of critical infrastructure - and previously was one of three counties without natural gas access. The governor offered remarks on the UMES campus at Chesapeake Utilities' master meter station. UMES' pharmacy building was the first building on campus to convert to natural gas. As efforts over the past several years demonstrate, a "one-size-fits-all" approach is not the best, nor most cost-effective, solution to lower GHG emissions. Rather, the state, Somerset County and UMES have recognized that reducing GHG emissions requires an "all-of-the-above" energy solution. Introducing natural gas service to Somerset County has been a priority of the Somerset County commissioners for decades as a means to transition local businesses and residents off of fuels such as wood chips and fuel oil and spur economic development. Rising electricity prices disproportionately impact lower- and middle-income families who lack the disposable income to absorb higher energy bills. Somerset County has a disproportionate number of citizens who live in poverty, compared to the rest of the Eastern Shore and all of Maryland. Introducing natural gas into Somerset County provides residents an energy choice not previously available, spurs competition and lowers consumer energy prices. The Del-Mar Energy Pathway Project, completed by Chesapeake Utilities and the Eastern Shore Natural Gas Company in 2021, delivers natural gas service to Somerset County. It extended natural gas service to the Eastern Correctional Institution and UMES, helping to improve each facility's environmental profile while offering significant economic benefits to the area. Residents and businesses along the line will also have the choice to use environmentally beneficial and more affordable natural gas. About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. For more information, visit www.chpk.com . Please note that Chesapeake Utilities Corporation is not affiliated with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma. # # #

Chesapeake Utilities Corporation Acquisitions

6 Acquisitions

Chesapeake Utilities Corporation acquired 6 companies. Their latest acquisition was Western Natural Gas on November 04, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/4/2020

$99M

Acquired

2

12/9/2019

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$99M

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10

12/19/2018

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$99M

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10

12/18/2018

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$99M

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10

8/4/2017

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$99M

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10

Date

11/4/2020

12/9/2019

12/19/2018

12/18/2018

8/4/2017

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

2

10

10

10

10

Chesapeake Utilities Corporation Partners & Customers

6 Partners and customers

Chesapeake Utilities Corporation has 6 strategic partners and customers. Chesapeake Utilities Corporation recently partnered with Nemours Foundation on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/22/2021

Partner

United States

Home | Newsroom |Sharp Energy’s Charity Bobtail Delivers for Kids — Donates $10,000 to support Nemours Children’s Hospital’s Child Life Program. Sharp Energy’s Charity Bobtail Delivers for Kids - Donates $10,000 to support Nemours Children’s Hospital’s Child Life Program - Chesapeake Utilities Corporation

DOVER , Del. -- For the fifth consecutive year , Chesapeake Utilities Corporation 's propane distribution subsidiary , Sharp Energy , partnered with the Nemours in Wilmington , Delaware , in support of the hospital 's Child Life Program .

1

7/28/2020

Partner

United States

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10

7/7/2020

Partner

United States

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10

6/5/2020

Partner

United States

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10

3/15/2011

Client

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10

Date

9/22/2021

7/28/2020

7/7/2020

6/5/2020

3/15/2011

Type

Partner

Partner

Partner

Partner

Client

Business Partner

Country

United States

United States

United States

United States

News Snippet

Home | Newsroom |Sharp Energy’s Charity Bobtail Delivers for Kids — Donates $10,000 to support Nemours Children’s Hospital’s Child Life Program. Sharp Energy’s Charity Bobtail Delivers for Kids - Donates $10,000 to support Nemours Children’s Hospital’s Child Life Program - Chesapeake Utilities Corporation

DOVER , Del. -- For the fifth consecutive year , Chesapeake Utilities Corporation 's propane distribution subsidiary , Sharp Energy , partnered with the Nemours in Wilmington , Delaware , in support of the hospital 's Child Life Program .

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Sources

1

10

10

10

10

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