UGI Subsidiary Acquires Columbia Midstream Group, LLC

UGI Corporation announced that its subsidiary, UGI Energy Services LLC, finalized its acquisition of the equity interests of Columbia Midstream Group for about $1.275 million. The President and Chief Executive Officer, John L. Walsh, made a statement addressing the company’s additional asset network, acreage dedications and ability to offer a full-scale midstream platform. This is also UGI’s first investment into wet gas gathering and processing. UGI and CMG have been operating safely while working with the communities they serve.