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About
UGI Corp. operates as a holding company, which through its subsidiaries, distributes, stores, transports, and markets energy products and related services. It operates through the following segments: AmeriGas Propane, UGI International-UGI France, UGI International-Flaga & AvantiGas, Energy Services, Electric Generation, and UGI Utilities. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI International-France comprises of the French liquefied petroleum gas (LPG) distribution business of Antargaz and LPG in Belgium, the Netherlands, and Luxembourg. The UGI International-Flaga & AvantiGas segment includes LPG distribution businesses of Flaga GmbH and AvantiGas Limited. The Energy Services segment offers energy marketing; operation and acquisition of a natural natural gas liquefaction, storage, and vaporization facility and propane-air mixing assets; managing natural gas pipeline and storage contracts; and developing, owning and operating pipelines, gathering infrastructure, and gas storage facilities. The Electric Generation segment operates electric generation facilities. The UGI Utilities segment includes regulated natural gas distribution businesses. The company was founded in 1991 and is headquartered in King of Prussia, PA. | |||
Description
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. It distributes propane to approximately 1.9 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers in 50 states through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems. The company also distributes liquid petroleum gas (LPG) to residential, commercial, industrial, agricultural, resale, and automobile fuel customers for heating, cooking, motor fuel, leisure, construction work, manufacturing, crop and grain drying, power generation, and irrigation activities; and provides logistic, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 160,000 residential, commercial, and industrial customers at approximately 44,000 locations. Further, the company distributes natural gas to approximately 626,000 customers in the portions of 44 eastern and central Pennsylvania counties through its distribution system of 12,000 miles of gas mains; and supplies electricity to approximately 62,000 customers in northeastern Pennsylvania through 2,200 miles of lines and 13 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. The company also manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities; and offers heating, ventilation, air conditioning, refrigeration, mechanical, and electrical contracting services. UGI Corporation was founded in 1882 and is based in King of Prussia, Pennsylvania. | |||
