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Chesapeake Utilities Corporation Announces Acquisition Of Planet Found

PUBLIC · CPKNov 07, 2022

Acquiring Company

Chesapeake Utilities Corporation

Acquired Company

Planet Found

DoverEnergySustainabilityNatural Resources

Description

Chesapeake Utilities Corporation (NYSE: CPK) announced today that it purchased 100% of the membership interest of Planet Found Energy Development, LLC (PFED) for $9.4 million. PFED is a Maryland-based entity formed by Delmarva-based scientists, farmers and business people dedicated to developing poultry litter management technologies. This acquisition aligns with the Company's renewable energy investment objectives including:

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Company Information

Company

Chesapeake Utilities Corporation

Location

500 Energy Lane

Dover, Delaware, United States

About

Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange, which is engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; mobile compressed natural gas (CNG) utility services and solutions; and other businesses. Information about Chesapeake Utilities Corporation's businesses is available at www.chpk.com and on the Annual Report Microsite at cpkannualreport.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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Frequently asked

Who acquired Planet Found?

Planet Found was acquired by Chesapeake Utilities Corporation, based in Dover. The deal was reported on November 7, 2022. Chesapeake Utilities Corporation is publicly traded (CPK) and operates in Energy.

When did Chesapeake Utilities Corporation acquire Planet Found?

Chesapeake Utilities Corporation's acquisition of Planet Found was reported on November 7, 2022. Chesapeake Utilities Corporation (NYSE: CPK) announced today that it purchased 100% of the membership interest of Planet Found Energy Development, LLC (PFED) for $9.4 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Planet Found do?

This domain may be for sale It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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