UGI Electric Division Sale to Argo Infrastructure Partners
Sector: Power Generation (CCGT) • Location: Pennsylvania, United States
Source: Power Technology
UGI Utilities has agreed to sell its Electric Division in Pennsylvania, US, to funds managed by Argo Infrastructure Partners for about $470 million. The Electric Division operates roughly 2,700 miles of transmission and distribution infrastructure and 14 substations, serving more than 63,000 customers in Luzerne and Wyoming counties. The transaction is scheduled to close in the first quarter of 20
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | UGI Utilities has agreed to sell its Electric Division in Pennsylvania, US, to funds managed by Argo Infrastructure Partners for about $470 million. The Electric Division operates roughly 2,700 miles of transmission and distribution infrastructure and 14 substations, serving more than 63,000 customers in Luzerne and Wyoming counties. The transaction is scheduled to close in the first quarter of 2027, pending regulatory approvals and standard closing conditions. Post-sale, Argo will manage the assets, and customers will not experience service interruptions due to the ownership transition. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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