The innovative RNG production facility
showcases Chesapeake Utilities' strategic execution across the
entire energy delivery value chain
LEE,
Fla., Oct. 30, 2024 /PRNewswire/ -- Chesapeake
Utilities Corporation (NYSE: CPK) held a ribbon-cutting ceremony on
Monday, Oct. 28, to mark the official
completion of its renewable natural gas (RNG) facility at Full
Circle Dairy (FCD) in Lee,
Florida. The facility, a full-scale dairy
manure-to-pipeline-quality RNG operation expected to produce an
average of 100,000 dekatherms annually, represents a capital
investment of $22 million. The
facility began producing RNG in June
2024 and is expected to capture and redirect more than 1,100
metric tons of methane per year into a renewable energy source --
an emission reduction equivalent to powering 3,500 homes for a
year.
"The RNG facility at FCD is a great example of our ability to
leverage our expertise across the entire energy delivery value
chain -- from production to virtual pipeline transportation,
injection, transmission and distribution – while supporting our
strategic focus on prudent capital deployment," said Jeff Householder, board chair, president and
CEO. "We share FCD's commitment to innovative approaches that
result in a more sustainable future for customers and our local
communities.
FPU Renewables LLC, a subsidiary of Florida Public Utilities
(FPU), built and operates the new RNG facility in Madison County, which has produced and
injected over 18,000 dekatherms of RNG since June. The RNG is
transported by Chesapeake Utilities' subsidiary, Marlin Gas
Services, via a virtual pipeline to an injection point in
Yulee, Florida, and distributed to
customers in Nassau County,
Florida.
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, virtual pipeline services
and solutions, and other businesses. For more information,
visit www.chpk.com.
Media Contact:
Alexander
Nye
Director, Strategic Communications
(727) 754-0136
ANye@chpk.com
Investor Relations Contact:
Lucia M. Dempsey
Head of Investor Relations
347.804.9067
LDempsey@chpk.com
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SOURCE Chesapeake Utilities Corporation
