UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, is buying Mountaineer Gas Company, one of West Virginia’s largest natural gas utility companies, for $540 million. UGI serves 700,000 customers across PA (and one county in Maryland). Mountaineer serves 215,000 customers across WV. Both companies are big buyers of Marcellus/Utica shale gas.
UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, is buying Mountaineer Gas Company, one of West Virginia’s largest natural gas utility companies, for $540 million. UGI serves 700,000 customers across PA (and one county in Maryland). Mountaineer serves 215,000 customers across WV. Both companies are big buyers of Marcellus/Utica shale gas.