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UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), and Archaea Energy Inc. (“Archaea”), a subsidiary of bp (NYSE: BP) announced today that they recently entered into a joint venture, Aurum Renewables, LLC (“Aurum”), to develop a renewable natural gas (“RNG”) project at the Commonwealth Environmental Systems landfill in Hegins, Pennsylvania. Archaea Holdings, LLC, a subsidiary of Archaea, holds a 60% ownership interest, and a subsidiary of UGIES holds a 40% ownership
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UGI invests approximately $150 million in two new dairy cluster RNG projects located in South Dakota
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Expects to generate approximately 525 million cubic feet of RNG annually once these projects are completed in calendar year 2024
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GHI Energy, a wholly owned subsidiary of UGI, to be the exclusive marketer for these projects
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New Project Expected to be Completed in Second Half of 2024 and to Produce 35 Million Cubic Feet of RNG Annually
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Company Issues 2022 ESG Report, “Transparency, Action, and Progress”
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Remains Committed to a 55% Reduction in Scope I Emissions by Fiscal 2025
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More than $200 million Committed to Renewable Solutions through May 2022; on Track to Meet Commitment of more than $1 Billion Invested by 2025
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Recap of CSR stories on Business Wire
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UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), today announced an agreement with MBL Bioenergy to fully fund the first set of renewable natural gas (“RNG”) projects currently under development in South Dakota. In total, the project will represent over $70 million of investment by MBL Bioenergy, of which 100% of the funds will be provided by UGIES. MBL Bioenergy is a joint venture partnership between UGIES, Sevana Bioenergy and a subsidiary of California Bioenerg
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Pennant Midstream, LLC (“Pennant”), announced that the company has signed a series of agreements throughout 2021 with a subsidiary of Energy Developments Pty Ltd (“EDL”) headquartered in Brisbane, Australia to accept delivery of renewable natural gas (“RNG") into its natural gas gathering system. Pennant is a partnership between UGI Energy Services, LLC (“UGIES”), which is a subsidiary of UGI Corporation (NYSE: UGI), Harvest Midstream I, L.P, and a subsidiary of Williams Companies. Under the agr
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Cayuga RNG has entered into an agreement to develop its third project to produce renewable natural gas (“RNG”) in upstate New York. This is in addition to the previously announced Spruce Haven and Allen Farms projects. Cayuga RNG is a joint venture of UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), and Global Common Energy, LLC (“GCE”). Cayuga RNG’s third project will be constructed at El-Vi Farms, which is located on the border of Wayne and Ontario counties in u
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Cayuga RNG Holdings, LLC (“Cayuga RNG”) announced today that it has entered into an agreement to develop its second project to produce renewable natural gas (“RNG”) in upstate New York. This is in addition to the previously announced Spruce Haven Farm initiative. Cayuga RNG is a joint venture of UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), and Global Common Energy, LLC (“GCE”). As previously announced, Cayuga RNG’s first project is being developed at the Spruc
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UGI Corporation (NYSE: UGI) announced today the release of its third Environmental, Social and Governance (“ESG”) report titled, The Foundation of a Renewable Energy Future. The ESG report is available on UGI’s ESG website at (https://ugiesg.com/620-2/). The report highlights UGI’s commitment to be a leader in the renewable energy space by providing energy solutions that are sustainable, reliable, and affordable. UGI has recently committed to reducing its Scope I (direct) emissions by 55% over t
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Coalition promotes safe and environmentally responsible practices
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UGI Corporation (NYSE: UGI) continues to advance its strategic Environmental, Social, and Governance (“ESG”) initiatives and remains focused on providing its stakeholders with timely updates on key ESG activities. Recently, UGI’s subsidiary, UGI Energy Services, LLC (“UGIES”) completed the sale of its ownership stake in the Conemaugh coal-fired power generation station. The sale of this non-core asset will reduce UGI’s Scope 1 (direct) emissions by more than 30%. This is another step toward achi
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Recap of CSR stories on Business Wire
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UGI Corporation and its affiliated companies have provided over $200,000 of financial support to organizations in the many communities in which they operate to assist residents in need due to the coronavirus (COVID-19) emergency. “UGI Corporation has served families and communities for nearly 140 years,” John L. Walsh, President and CEO of UGI Corporation, said. “We recognize the extraordinary circumstances we now face as a country and are working with community organizations to provide support
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UGI Energy Services is contributing $40,000 to food banks, setting up virtual food drives, to help fight hunger as a result of the COVID-19 pandemic.