CHESAPEAKE UTILITIES CORPORATION HOLDS RIBBON CUTTING CEREMONY FOR NEW ENERGY LANE CAMPUS AND CNG FUELING STATION

October 03, 2018

Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (center, with scissors), and Robin R. Christiansen, Mayor of Dover, Delaware (to Mr. McMasters’ right, holding the ribbon), were joined by local government officials and members of the Chesapeake leadership and management teams for a ribbon cutting ceremony celebrating the new Energy Lane Campus. The new facility is home to 250 Chesapeake employees and is the largest single business locale in the Company’s history.

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake) held a ribbon cutting ceremony on September 27, 2018 at its new Energy Lane Campus in Dover, Delaware. The event was hosted by Chesapeake and attended by state and local officials as well as Company representatives and employees.

This new facility, which accommodates approximately 250 employees, is the new home for Eastern Shore Natural Gas Company, Chesapeake’s interstate natural gas pipeline subsidiary; Chesapeake Utilities, Chesapeake’s natural gas distribution operations; the Customer Care group responsible for delivering superior customer service to Delmarva natural gas customers; and the Company’s Business and Information Services operations.

“The Energy Lane Campus is the largest, single business location in Chesapeake Utilities Corporation’s history,” said Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation. “A testament to our long-term growth and commitment to the state of Delaware, the Energy Lane Campus is a central location for our employees that enables us to serve our customers and pursue growth opportunities more efficiently.”

Chesapeake Utilities Corporation has been doing business in Dover, Delaware since 1859.

“We have experienced tremendous growth over the years,” added Stephen C. Thompson, Senior Vice President, Chesapeake Utilities Corporation. “We will continue to expand our geographic footprint and the workforce we need to support our long-term growth and commitment to our communities.  This new facility will enable our operations to support this growth and commitment.”

The design and construction of the Energy Lane Campus incorporated architectural aspects and the historic charm of the Dover, Delaware area while incorporating leading edge environmental elements. Awarded the Green Globes® Certification by the Green Building Initiative, the Energy Lane office building and warehouse are nationally recognized for capturing a higher standard of environmental integrity.

Located on a 20.6-acre site on 500 Energy Lane Road near Route 1, the Energy Lane Campus features the following:

  • A 56,000-square-foot office building with a 33,000-square-foot warehouse that is logistically more effective for dispatching operations personnel and equipment to serve the Company’s service territories.
  • Chesapeake Utilities’ new public compressed natural gas (CNG) vehicle fueling station, the only public CNG fueling station on the Delmarva Peninsula. Natural gas-powered vehicles are an alternative to gasoline and diesel vehicles, reducing Greenhouse Gas Emissions and NOx emissions. The station is part of the Company’s ongoing efforts to increase environmental benefits for the local community by supplying clean-burning natural gas to fuel vehicles and partnering with the State of Delaware to increase the number of vehicles utilizing alternative fuels.
  • State-of-the-art Yanmar natural gas heat pumps to facilitate the heating/cooling system for the Energy Lane office building and warehouse, yielding lower energy and maintenance costs.
  • Daylighting, integrated in the design of the buildings, which is achieved by utilizing the placement of windows and reflective surfaces to bring more sunlight into the office building and warehouse to maximize visual comfort and to reduce energy use.
  • A new bright and welcoming space for the comfort of our Chesapeake Utilities’ customers.
  • A fully-equipped Wellness Center for employees, encouraging a healthier lifestyle.

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 Utilities Corporation and the Chesapeake family of businesses is available at www.chpk.com or through the Company’s IR App.

About Chesapeake Utilities
Chesapeake Utilities, the corporation’s Delmarva natural gas distribution operation, serves approximately 78,000 residential, commercial and industrial customers in Delaware and Maryland. Chesapeake’s Delaware division system serves southern New Castle, Kent and Sussex Counties. Chesapeake’s Maryland division operates on Maryland’s Eastern Shore in Wicomico, Dorchester, Caroline, and Cecil Counties. Its subsidiary Sandpiper Energy operates a natural gas and propane distribution system in Worcester County. Chesapeake Utilities, headquartered in Dover, Delaware, operates the only public natural gas fueling station on the Delmarva Peninsula.

About Eastern Shore Natural Gas Company
Eastern Shore Natural Gas Company (ESNG), a subsidiary of Chesapeake Utilities Corporation, owns and operates a 457-mile interstate pipeline that receives natural gas from three upstream interstate pipeline systems and transports it to local distribution companies, electric power generators and industrial customers in southern Pennsylvania, Delaware and on the Eastern Shore of Maryland. Since the pipeline went Open access in 1997, ESNG has quadrupled pipeline capacity, adding over 180 miles of new pipeline facilities and extending service toward Lewes, Delaware, west to Cecil County, Maryland and south across the state of Delaware. ESNG’s service extends as far as the towns of Cambridge, Easton, Salisbury and Berlin, Maryland.

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:

Mike Stock
Senior Director, Corporate Communications
Chesapeake Utilities Corporation
302.736.7808
mstock@chpk.com

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