-

UGI Subsidiary Sells Conemaugh Facility Ownership Stake to Montour, LLC

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that a subsidiary, UGI Energy Services, LLC, sold its ownership stake in the Conemaugh coal-fired power generation station to Montour, LLC.

UGI held an ownership share of approximately 6%, or 102 MW of the Conemaugh facility, located near Johnstown in Western Pennsylvania. The sale of this non-core asset will reduce UGI's direct CO2 equivalent emissions by more than 30% and is consistent with our focus on growing our Midstream and Utilities businesses, as we intensify our Environmental, Social, and Governance (“ESG”) efforts.

“The sale of our ownership stake in the Conemaugh facility is another step toward achievement of our Company’s ambitious greenhouse gas emission reduction target, part of our ESG initiative,” said Robert F. Beard, Executive Vice President – Natural Gas, for UGI Corporation. “We're committed to substantially reducing the impact of our operations on our environment, contributing significantly to the health and well-being of the communities we serve, and providing our customers with renewable, affordable energy solutions,” Mr. Beard stated.

About UGI Corporation

UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing in eleven states, the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

Contacts

Investor Relations
Brendan Heck, 610-337-1000 ext. 6608
Alanna Zahora, 610-337-1000 ext. 1004
Shelly Oates, 610-337-1000 ext. 3202

Industry:

UGI Corporation

NYSE:UGI
Release Versions
English

Contacts

Investor Relations
Brendan Heck, 610-337-1000 ext. 6608
Alanna Zahora, 610-337-1000 ext. 1004
Shelly Oates, 610-337-1000 ext. 3202

More News From UGI Corporation

AmeriGas Partners, L.P. and AmeriGas Finance Corp. Announce Results of Tender Offer for Any and All of Their Outstanding 5.750% Senior Notes Due 2027

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) announced today that its subsidiaries, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (together with AmeriGas Partners, the “Offerors”), have received, as of 5:00 p.m., New York City time, on May 15, 2026 (the “Expiration Time”), tenders from holders of $468,471,000 in aggregate principal amount (excluding tenders through guaranteed delivery procedures), representing approximately 91.51%, of the Offerors’...

UGI International Prices Senior Notes Offering

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (“UGI” or the “Company”) (NYSE: UGI) announced today that its indirect, wholly owned subsidiary, UGI International, LLC (“UGI International”), priced its offering of €300,000,000 in aggregate principal amount of 5.000% senior notes due 2031 (the “Notes”). The Notes are being offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”),...

UGI International Commences Senior Notes Offering

VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (“UGI” or the “Company”) (NYSE: UGI) announced today that its indirect, wholly owned subsidiary, UGI International, LLC (“UGI International”), intends to offer €300,000,000 in aggregate principal amount of senior notes (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States...
Back to Newsroom