{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-286726","form_type":"8-K","ticker":"CPK","cik":"0000019745","company_name":"CHESAPEAKE UTILITIES CORP","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.484965+00:00","generated_at":"2026-06-07T19:37:14.607649+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Chesapeake Utilities completes $923.4M acquisition of Florida City Gas from FPL","bullets":["Purchase price ~$923.4M cash; funded via $550M senior notes, equity offering, and revolving credit facility.","Acquisition more than doubles CPK's Florida customer base and natural gas infrastructure; covers five top-population counties.","Regulated operations now ~87% of business mix; 5-year capex plan raised 65% to $1.5-1.8B with ~60% in Florida.","Company reaffirms long-term earnings and dividend growth targets; integration details expected in Q4 2023 earnings call.","CEO Jeff Householder and CFO Beth Cooper highlight strategic value, balance sheet strength, and disciplined financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-286726","json":"https://secwatch.observer/filing/0001193125-23-286726.json","markdown":"https://secwatch.observer/filing/0001193125-23-286726.md","text":"https://secwatch.observer/filing/0001193125-23-286726.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/19745/000119312523286726/0001193125-23-286726-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/19745/000119312523286726/d848856d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:37:14.607649+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"92ace4cf99af94f4946e3b60c261a6916a9c7505","claim":"CHESAPEAKE UTILITIES CORP completed an acquisition involving Florida Power & Light Company (selling Pivotal Utility Holdings, Inc./Florida City Gas) for approximately $923.4 million in cash (closed 2023-11-30).","evidence_excerpt":"dated as of September 26, 2023, by and among the Company and Florida Power & Light Company, a Florida corporation. The purchase price for the Acquisition was approximately $923.4 million in cash, subject to customary purchase price adjustments. The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/19745/000119312523286726/0001193125-23-286726-index.htm","confidence":0.98,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Florida Power & Light Company (selling Pivotal Utility Holdings, Inc./Florida City Gas)"},{"label":"Consideration","value":"approximately $923.4 million in cash"},{"label":"Closing","value":"2023-11-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}