This was Chesapeake Utilities' first Investor Day in seven years and was driven by increased interest and engagement with investors and the broader financial community following the acquisition of Florida City Gas (FCG) in late 2023. The event took place within FCG's service area and highlighted potential future growth opportunities, including growing interest from industries at the Cape and Port of Canaveral.
The Company also provided updates on projects that support the Company's 5-year capital expenditure guidance of $1.5 - $1.8 billion. This investment plan is driven by significant growth in our Florida and Delmarva service areas, enabling us to reaffirm our 2025 adjusted earnings per share (EPS) guidance of $6.15 - $6.35, which reflects a 14 – 18% increase over 2024 adjusted EPS.