Chesapeake Utilities to build $10 million pipeline for Ohio data center

July 8, 2025

DOVER – Chesapeake Utilities Corporation (NYSE:CPK), a $2.84 billion market cap utility company with impressive revenue growth of 20.34% over the last twelve months, announced Tuesday that its subsidiary, Aspire Energy Express, will construct and operate an intrastate natural gas pipeline in central Ohio to serve a new fuel-cell facility providing power to a data center. According to InvestingPro analysis, the company is currently trading above its Fair Value.