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Peninsula Energy acquires midstream marketing assets in Pennsylvania

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Peninsula Energy acquires midstream marketing assets in Pennsylvania

Peninsula Energy Services Co. acquired certain commercial and industrial marketing assets in western Pennsylvania from ARM Energy Management LLC for an undisclosed amount.

The acquisition complements the Chesapeake Utilities Corp. subsidiary's existing portfolio and will expand its retail demand in a market where it has existing pipeline capacity and wholesale liquidity, according to an Aug. 8 release.

ARM Energy Management is a subsidiary of ARM Energy.