UGI Signals Looking to Sell or Spin-Off AmeriGas Propane Subsidiary

August 31, 2023August 31, 2023

UGI, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of PA’s largest utility companies, is looking to sell or spin off its propane subsidiary into a new company. UGI's propane subsidiary is AmeriGas, the nation’s largest retail propane marketer, serving nearly 1.3 million customers in all 50 states from approximately 1,400 locations. This is pretty big news in our book.

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