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.
UGI Energy Services is always pleased to offer customers a variety of energy options to fit the various needs and requirements of their businesses. As a company, we are committed to delivering affordable, efficient, and socially responsible energy products and services to our end users. We are well positioned and prepared to become a leader in the future of renewable energy. Our organization continues to focus on reducing its emissions, our customers’ emissions, and investing in alternative energy solutions. In 2020, UGI Corporation committed to reducing its Scope I (direct) emissions by 55% over the next five years and has additionally pledged to invest up to $1 billion in renewable solutions during that time. UGI Energy Services has also announced several renewable projects and initiatives throughout different states.
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.