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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.
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.
UGI Energy Services continues to invest in energy sources that provide customers with energy solutions that are innovative, efficient and beneficial to the environment. Such sources include renewable natural gas (RNG). The UGI Energy Services communications team recently discussed RNG with Director of Business Development Dave Lindenmuth to help customers better understand the fuel, its benefits and its outlook for production and consumption growth.
Q: What is renewable natural gas, and how is it produced, stored and transported?
Dave: Renewable natural gas (RNG) is biogas produced from the breakdown of organic materials including trash, food waste, animal manure, and wastewater sludge.
UGI Subsidiary Completes Acquisition of Renewable Natural Gas Company
July 9, 2020
VALLEY FORGE, Pa.–(BUSINESS WIRE) — UGI Corporation (NYSE: UGI) announced today that its subsidiary, UGI Energy Services, LLC, acquired GHI Energy, LLC (“GHI”), a Houston-based renewable natural gas company.
GHI is a leading renewable natural gas (“RNG”) marketer in California, a state with one of the most robust carbon credit trading programs in the nation. GHI is primarily focused on providing vehicle fleets with RNG by coordinating supply from a portfolio of sources across the country.