UGI sells Pennsylvania electric division to Argo for $470 million

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UGI Utilities and Argo Infrastructure Partners Reach Agreement on Purchase and Sale of UGI’s PA Electric Utility

April 28, 2026 8:30 AM EDT

Sharpens UGI's focus on its core natural gas business while placing Electric Division customers and employees into the hands of Argo, a committed and experienced infrastructure operator with deep experience supporting regulated utilities

Marks Argos 20th investment, and 4th utility investment in Pennsylvania, bringing expanded capital investment and long-term infrastructure management experience to a growing region within the Commonwealth

VALLEY FORGE, Pa. & NEW YORK--(BUSINESS WIRE)-- UGI Utilities, Inc. (UGI Utilities), a wholly owned subsidiary of UGI Corporation (NYSE: UGI), today announced... More