Peninsula Pipeline Completes $11 Million Natural Gas Expansion Project in Florida
(P&GJ) — Chesapeake Utilities Corp. has announced that its subsidiary, Peninsula Pipeline Company Inc. (PPC), has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area.
The project, which cost approximately $10.5 million, interconnects with existing PPC infrastructure in Sebastian and extends to Vero Beach. The new facilities will transport natural gas to five new delivery points, extending service to the communities of Wabasso, Wabasso Beach, Indian River Shores, North Hutchinson Island and Harbor Isles. The company expects this project to generate additional annual adjusted gross margin of $1.8 million in 2023 and $2.5 million in the years thereafter.
“We operate in service territories where populations and customer demand for energy continue to grow,” Jeff Householder, president and CEO of Chesapeake Utilities Corp., said. “We remain committed to meeting this demand and providing safe, affordable and reliable natural gas service including making additional infrastructure investments in these growing areas.”
Peninsula Pipeline owns and operates several intrastate natural gas pipelines throughout seven counties in Florida. PPC provides transportation service that links interstate pipelines to local distribution systems, industrial customers and power generation facilities. PPC completed recent expansions in Northwest Florida and West Palm Beach, Florida.
Construction began during the second quarter of 2022 and was completed on schedule and within budget. PPC partnered with another third-party utility, Florida City Gas (FCG), on the project.
“With this expansion, FCG will continue working to provide safe and reliable natural gas service to the barrier island, including the Seaglass and the Strand communities which will receive gas this spring, followed by more communities this summer. Demand is high, and we’re dedicated to helping meet the growing need, especially as we enter storm season,” Marc Seagrave, Florida City Gas senior director of business development, said.
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