Sale of UGI Utilities' Electric Division
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Source: AOL
UGI Corporation entered into a definitive agreement to sell its electric division at UGI Utilities for approximately $470 million, with further potential earn-outs prior to working capital adjustments. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and regulatory approvals. The sale aims to sharpen UGI's focus on natural gas and strengthe
- Status
- Closed
- Sector
- Natural Gas, Power Transmission, Power Generation (CCGT)
- Location
- Pennsylvania, United States of America
- Updated
- 22 Jul 2026
- Source
- AOL
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | UGI Corporation entered into a definitive agreement to sell its electric division at UGI Utilities for approximately $470 million, with further potential earn-outs prior to working capital adjustments. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions and regulatory approvals. The sale aims to sharpen UGI's focus on natural gas and strengthen the balance sheet for natural gas capital investment. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Pennsylvania |
Source
Source | AOL |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Transmission, Power Generation (CCGT) |
Article published date | 2026-05-10 |
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