Chesapeake Utilities Corporation Expands Energy Infrastructure in Ohio to Support New Data Center
Chesapeake Utilities Corporation (NYSE:CPK) has announced a strategic infrastructure expansion through its Ohio subsidiary, Aspire Energy Express, LLC. The company has partnered with American Electric Power (AEP) to construct and operate an intrastate natural gas pipeline in central Ohio.
The project, representing a $10 million capital investment, will serve a new fuel-cell facility providing on-site electric power to a data center. The infrastructure is expected to be operational in the first half of 2027, supporting the growing demand for distributed data infrastructure and AEP's commitment to providing power solutions for customers.
Chesapeake Utilities Corporation (NYSE:CPK) ha annunciato un'espansione strategica delle infrastrutture tramite la sua filiale dell'Ohio, Aspire Energy Express, LLC. L'azienda ha collaborato con American Electric Power (AEP) per costruire e gestire un gasdotto intrastatale di gas naturale nel centro dell'Ohio.
Il progetto, che rappresenta un investimento di capitale di 10 milioni di dollari, servir脿 una nuova struttura a celle a combustibile che fornir脿 energia elettrica in loco a un data center. Si prevede che l'infrastruttura sar脿 operativa nella prima met脿 del 2027, supportando la crescente domanda di infrastrutture dati distribuite e l'impegno di AEP nel fornire soluzioni energetiche ai clienti.
Chesapeake Utilities Corporation (NYSE:CPK) ha anunciado una expansi贸n estrat茅gica de infraestructura a trav茅s de su subsidiaria en Ohio, Aspire Energy Express, LLC. La compa帽铆a se ha asociado con American Electric Power (AEP) para construir y operar un gasoducto intrastatal de gas natural en el centro de Ohio.
El proyecto, que representa una inversi贸n de capital de 10 millones de d贸lares, abastecer谩 una nueva instalaci贸n de celdas de combustible que proporcionar谩 energ铆a el茅ctrica in situ a un centro de datos. Se espera que la infraestructura est茅 operativa en la primera mitad de 2027, apoyando la creciente demanda de infraestructura de datos distribuida y el compromiso de AEP de ofrecer soluciones energ茅ticas a sus clientes.
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Chesapeake Utilities Corporation (NYSE:CPK) a annonc茅 une expansion strat茅gique de ses infrastructures via sa filiale dans l'Ohio, Aspire Energy Express, LLC. L'entreprise s'est associ茅e 脿 American Electric Power (AEP) pour construire et exploiter un gazoduc intrastatal de gaz naturel dans le centre de l'Ohio.
Ce projet, repr茅sentant un investissement en capital de 10 millions de dollars, desservira une nouvelle installation 脿 piles 脿 combustible fournissant de l'茅lectricit茅 sur site 脿 un centre de donn茅es. L'infrastructure devrait 锚tre op茅rationnelle au cours de la premi猫re moiti茅 de 2027, soutenant la demande croissante pour une infrastructure de donn茅es d茅centralis茅e et l'engagement d'AEP 脿 fournir des solutions 茅nerg茅tiques 脿 ses clients.
Chesapeake Utilities Corporation (NYSE:CPK) hat eine strategische Infrastruktur颅erweiterung 眉ber seine Tochtergesellschaft in Ohio, Aspire Energy Express, LLC, angek眉ndigt. Das Unternehmen arbeitet mit American Electric Power (AEP) zusammen, um eine innerstaatliche Erdgasleitung im zentralen Ohio zu errichten und zu betreiben.
Das Projekt, das eine Kapitalinvestition von 10 Millionen US-Dollar darstellt, wird eine neue Brennstoffzellenanlage versorgen, die vor Ort Strom f眉r ein Rechenzentrum bereitstellt. Die Infrastruktur soll in der ersten H盲lfte des Jahres 2027 betriebsbereit sein und die wachsende Nachfrage nach verteilter Dateninfrastruktur sowie das Engagement von AEP zur Bereitstellung von Energie颅l枚sungen f眉r Kunden unterst眉tzen.
- New $10 million capital investment project in high-growth Ohio region
- Strategic expansion into data center infrastructure market
- Partnership with major utility company American Electric Power
- Project leverages company's core capabilities in transmission infrastructure
- Long implementation timeline with operations starting in 2027
As demand for distributed data infrastructure continues to rise, investments in data centers have accelerated. AEP is playing a leading role in supporting these developments by providing solutions to customers to meet their increasing power requirements.
Chesapeake Utilities operates multiple energy infrastructure subsidiaries throughout its footprint, enabling the transmission and distribution of natural gas to end-use residential, commercial and industrial customers. The new Aspire Energy Express transmission infrastructure represents a capital investment of approximately
"This project is a clear example of how Chesapeake Utilities Corporation continues to execute on our growth strategy by leveraging our core capabilities 鈥� new business development, transmission project construction and customer-focused energy solutions," said Jeff Sylvester, senior vice president and chief operating officer of Chesapeake Utilities Corporation. "Through our work with AEP, we're deploying capital to deliver infrastructure needed to support energy demand in high-growth regions of
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange (NYSE:CPK). Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. For more information, visit聽.
About Aspire Energy Express
Founded in 2020, Aspire Energy Express, LLC (AEX), a wholly owned subsidiary of Chesapeake Utilities Corporation, is an intrastate pipeline company operating in
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