Pennsylvania Business Report
Pennsylvania-based UGI Corp. agrees to sell its Electric Division to Argo Infrastructure
Pennsylvania-based UGI Utilities, Inc., a subsidiary of UGI Corporation, announced it would sell its Electric Division to funds managed by Argo Infrastructure Partners LP. The sale sharpens UGI’s focus on its natural gas business while placing its Electric Division customers and employees under Argo. The investment marks Argo’s fourth utility investment in Pennsylvania, bringing expanded capital investment and long-term infrastructure management experience to the state, officials with th...
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