WYOMISSING, PA, April 21 – UGI Corporation (NYSE: UGI) announced today that its subsidiary, UGI Energy Services, LLC, acquired a 33% equity interest in Ag-Grid Energy LLC (“Ag-Grid”), a renewable energy producer with projects in the United States. Ag-Grid currently develops and operates small scale renewable power projects that support local energy demands while lowering emissions.
VALLEY FORGE, Pa.--(BUSINESS WIRE) - Jan. 5, 2022-- UGI Corporation (NYSE: UGI) announced today that it has entered into a 15-year agreement with California-based technology developer, Vertimass, to utilize their catalytic technology to produce renewable fuels from renewable-ethanol in the U.S. and Europe.
VALLEY FORGE, Pa., January 4 – UGI Corporation (NYSE:UGI) announced today that its subsidiary, UGI Energy Services, LLC (“UGIES”), has entered into a definitive agreement to acquire Stonehenge Appalachia, LLC (“Stonehenge”) from Stonehenge Energy Holdings, LLC for approximately $190 million. This investment is expected to be immediately accretive to adjusted earnings.
Representatives from UGI Energy Service’s Veteran’s Employment Team (VET) had the opportunity to attend the annual Benefit for Berks County Veterans Presented by Customer's Bank on Friday, November 12th, at the DoubleTree by Hilton in Reading, PA. The event featured guest speaker retired Marine Lt. Col. Oliver North. Proceeds from the event, for which UGIES and UGI Utilities were a Gold Sponsor, will go directly to support veterans in the Berks County community through the Military Assistance Fund of Berks County Community Foundation.
September 16, 2021
DALLAS, TX, September 16 – MBL Bioenergy, LLC (“MBL Bioenergy”) announced today that it has entered into definitive agreements to develop several clusters of dairy farm digester projects to produce renewable natural gas (“RNG”) from multiple farms in South Dakota. MBL Bioenergy is a joint venture funded by UGI Energy Services, LLC (“UGIES”) as well as subsidiaries of California Bioenergy LLC (“CalBio”) and Sevana Bioenergy, LLC (“Sevana Bioenergy”). UGIES is a subsidiary of UGI Corporation (NYSE: UGI).
MBL Bioenergy combines the experience and expertise of UGIES and two premier dairy digester project development companies, California Bioenergy and Sevana Bioenergy.
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Jul. 7, 2021-- UGI Corporation (NYSE: UGI) has been named a 2021 honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners. Modeled after Points of Light’s national program, The Civic 50 Greater Philadelphia provides a standard for corporate citizenship and showcases how employers use their time, skills and resources to drive social impact in their communities and company.
“UGI has a long history of strengthening the communities we serve by providing financial assistance and supporting employee volunteer efforts. Our dedicated teams of employees continue to make meaningful impact in our communities,” said Roger Perreault, President and Chief Executive Officer of UGI Corporation. “We are honored to receive this recognition and will continue to support and partner with organizations that are committed to strengthening our communities through greater inclusion and equity.”
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Apr. 12, 2021-- UGI Corporation (NYSE: UGI) announced today that John L. Walsh, age 65, intends to retire as President and Chief Executive Officer on June 25, 2021. Mr. Walsh will continue to serve as a member of UGI’s Board of Directors. Roger Perreault, age 57, will become President and Chief Executive Officer of UGI and will join the UGI Board as a Director upon Mr. Walsh’s retirement. Mr. Perreault currently serves as UGI’s Executive Vice President, Global LPG, and President of UGI’s subsidiary, UGI International, LLC.
Stonehenge and UGI Acquire Pine Run Midstream Natural Gas Gathering System
WESTMINSTER, Colo.--(BUSINESS WIRE)-- Pine Run Gathering LLC (“Pine Run Gathering”) announced today that it has completed a transaction to acquire Pine Run Midstream, LLC (“Pine Run Midstream”) from an affiliate of PennEnergy Resources, LLC (“PennEnergy”) and minority partners for $205 million. Pine Run Gathering is a joint venture owned by a subsidiary of Stonehenge Energy Resources III, LLC (“Stonehenge III”), a portfolio company of Energy Spectrum Partners VIII LP, and by a subsidiary of UGI Energy Services, LLC (“UGIES”), which is a subsidiary of UGI Corporation (NYSE: UGI).
February 11, 2021 is the 6th Annual International Day of Women and Girls in Science! On December 22, 2015 the United Nations General Assembly proclaimed February 11th as day to celebrate the accomplishments of women in the Sciences fields around the world. UGI Energy Services joins the international community in celebrating the accomplishments of women in the fields of Science, Technology, Engineering and Math, collectively known as STEM.
With the winter season quickly approaching, energy supplier UGI Energy Services is starting to see an influx of questions related to the uncertainty of energy costs during the upcoming winter. While the weather and the energy market can certainly be volatile at times, there are many things that businesses can do to mitigate the risks associated with their natural gas and electricity costs.
We sat down with Mike Trymbiski, UGIES Regional Sales Manager, to ask some of the most frequently asked questions. These answers should help give local businesses a better understanding of how they can keep high energy costs – if not the cold weather – at bay.