Florida Public Utilities Company Acquires the Propane Operating Assets of Chipola Propane Gas Company
Fernandina Beach, Florida — Florida Public Utilities Company (FPU), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), announced today that its propane subsidiary, Flo-Gas Corporation, has purchased the propane operating assets of Chipola Propane Gas Company in Marianna, Florida.
“We are very excited to grow our propane presence in Northwest Florida as we continue to expand the scope of our services in this community,” said Kevin Webber, Vice President of FPU. “We look forward to continuing to provide safe, reliable and affordable energy services in the region.”
Chipola Propane Gas, a family-owned and operated business founded in 1961, has been providing propane service to approximately 800 residential and commercial accounts in Jackson, Calhoun, Gadsden, Liberty, Bay and Washington Counties.
Founded in 1924, FPU has a long-standing history of natural gas, propane and electric service in Florida and currently serves more than 16,000 propane customers throughout the state. The acquisition of Chipola Propane Gas will broaden the availability of FPU propane services to residents and businesses within the state of Florida, specifically the Marianna region.
About Florida Public Utilities Company
Florida Public Utilities Company is a wholly owned subsidiary of Chesapeake Utilities Corporation. Headquartered in Fernandina Beach, Florida, FPU distributes natural gas and propane and provides electric services to approximately 100,000 customers in markets throughout Florida. For more information, visit www.fpuc.com
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission, gathering and processing, and marketing, electricity generation and distribution, propane gas distribution and other businesses. Information about Chesapeake’s businesses is available at 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.
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For more information, contact:
Community & Contracts Administrator
Florida Public Utilities Company