Acquiring Company
UGI
Acquired Company
Stonehenge Appalachia Midstream Natural Gas Gathering System
King Of PrussiaManufacturingEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass EnergyDescription
UGI Corporation (NYSE:UGI) announced today that its subsidiary, UGI Energy Services, LLC (“UGIES”), has entered into a definitive agreement to acquire Stonehenge Appalachia, LLC (“Stonehenge”) from Stonehenge Energy Holdings, LLC for approximately $190 million. This investment is expected to be immediately accretive to adjusted earnings.
Quick answer
UGI is acquiring Stonehenge Appalachia Midstream Natural Gas Gathering System, announced January 4, 2022. UGI is based in King Of Prussia, Pennsylvania, United States.
- How much did UGI pay for Stonehenge Appalachia Midstream Natural Gas Gathering System?
- The deal value was not disclosed.
- What does UGI do?
- UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe.
- Where are UGI and Stonehenge Appalachia Midstream Natural Gas Gathering System based?
- UGI is based in King Of Prussia, Pennsylvania, United States.
- Who are the decision-makers at UGI?
- Fundz holds 1 contact at UGI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Stonehenge Appalachia Midstream Natural Gas Gathering System?
Stonehenge Appalachia Midstream Natural Gas Gathering System was acquired by UGI, based in King Of Prussia. The deal was reported on January 4, 2022. UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe. UGI is publicly traded (UGI) and operates in Manufacturing.
When did UGI acquire Stonehenge Appalachia Midstream Natural Gas Gathering System?
UGI's acquisition of Stonehenge Appalachia Midstream Natural Gas Gathering System was reported on January 4, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Stonehenge Appalachia Midstream Natural Gas Gathering System do?
Stonehenge Appalachia Midstream Natural Gas Gathering System is the company acquired in this transaction. It is privately held.
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