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Chesapeake Utilities Corporation Announces $80 Million Investment to Support Growing Energy Demand on the Delmarva Peninsula

Chesapeake Utilities Corporation (NYSE: CPK) today announced that its subsidiary, Eastern Shore Natural Gas Company (ESNG), plans to invest $80 million in the Worcester Resiliency Upgrade project, a planned liquefied natural gas storage facility in Bishopville, Maryland. The proposed peaking storage facility will include five low-profile 100,000-gallon horizontal storage tanks on a 135-acre parcel adjacent to an existing industrial facility in Worcester County. The project also includes addition ....

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