Chesapeake utilities corporation to acquire florida city gas

Transformative acquisition more than doubles operations in high-growth florida service areas positions cpk to execute on additional growth opportunities in regulated and unregulated businesses supports long-term earnings and dividend growth; increases capital investment plan; financing plan maintains strong balance sheet dover, del., sept. 26, 2023 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or "the company") today announced it has entered into a definitive agreement to acquire florida city gas ("fcg") from nextera energy, inc. (nyse: nee) for $923 million in cash.
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