Energy West demands shareholder list from Florida Public Utilities

By Lisa Kerner

Charlotte, N.C., June 15 - Shareholder Energy West, Inc. demanded a shareholder list from Florida Public Utilities Co. in a letter to the company on Monday.

The letter was included in a schedule 13D/A filed with the Securities and Exchange Commission.

Energy West said it wants to examine the list for the purpose of communicating with Florida shareholders regarding the company's upcoming special meeting and its proposed merger with Chesapeake Utilities Corp.

As previously reported, Energy West said it may have increased its April 10 offer for Florida had it known about the company's negotiations with Chesapeake.

Energy West offered to acquire Florida for $12.00 per share, or $73.4 million.

Chesapeake agreed to acquire Florida in an all-stock transaction valued at approximately $74.0 million or $12.20 per share. Florida shareholders will receive 0.405 shares of Chesapeake common stock for each share of Florida they hold, according to Chesapeake.

Energy West beneficially owns 6.4%, of Chesapeake, a Dover, Del.-based diversified utility company.

Florida Public Utilities distributes natural gas, propane and electricity to residential, commercial and industrial customers in Florida. The company is based in West Palm Beach, Fla.

Energy West is a Great Falls, Mont., natural gas, propane and energy marketing company.

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