---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-377589"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2026-09-01T12:13:07+00:00"
generated_at: "2026-09-01T12:15:07.506893+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chesapeake sells 49% stake in Florida Energy Pathway to NextEra; project ~$1.2B

## Summary
- Peninsula retains 51% of Florida Energy Pathway JV; NextEra Energy Resources acquires 49% minority interest.
- Total project investment estimated ~$1.2B; construction expected H1 2028, in-service 2030.
- Chesapeake provides ~$109M guaranty; NextEra Energy Capital ~$105M for capital contribution obligations.
- Peninsula Pipeline Company to construct, manage, operate project under COM agreement.
- Management Committee: unanimous pre-in-service, 67% post-in-service; deadlock arbitration.

## SEC filing metadata
- accession: 0001193125-26-377589
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2026-09-01T12:13:07+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19745/000119312526377589/0001193125-26-377589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000119312526377589/d641124d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-377589
- JSON: https://secwatch.observer/filing/0001193125-26-377589.json
- Plain text: https://secwatch.observer/filing/0001193125-26-377589.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.