UGI Utilities Inc
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UGI Utilities Inc - overview
Established
1882
Location
-, PA, US
Primary Industry
Power & Utilities
About
UGI Utilities Inc is a prominent provider of natural gas distribution and electric utility services, serving residential and commercial clients across Pennsylvania and West Virginia with reliable energy solutions. UGI Utilities Inc is a subsidiary of UGI Corporation, providing regulated natural gas distribution and electric utility services. Founded in 1882 in the US, UGI Utilities operates primarily in eastern and central Pennsylvania, as well as in parts of Maryland and West Virginia. Roger Perreault serves as the CEO of the company.
UGI Corporation operates through UGI Utilities, Inc. , which provides regulated natural gas and electric utility services to over 689,000 customers across 46 counties in Pennsylvania and more than 550 in Maryland, along with electric services to over 62,900 customers in Luzerne and Wyoming counties. The company also owns Mountaineer Gas Company, serving approximately 210,000 customers across 50 counties in West Virginia, catering to a diverse clientele with reliable energy solutions. In the most recent fiscal year 2018, UGI Corporation reported a revenue of USD 1,092.
38 mn and an EBITDA of USD 322. 17 mn, generated through its core utility services by billing customers for natural gas and electric consumption based on regulatory frameworks for pricing. UGI Utilities Inc has not disclosed specific upcoming products or services, nor detailed plans for geographical expansion into new markets. The company continues to leverage its existing infrastructure to serve its customer base effectively.
Recent funding initiatives are expected to support operational efficiencies and regulatory compliance.
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Natural Gas Utilities
Website
https://www.ugicorp.com/company/our-businesses/natural-gas-and-electric-utilities
Verticals
Urban Planning
Total Amount Raised
Subscriber access only
UGI Utilities Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Antargaz SAS | - | ||||||||
| Corporate Carve Out | Completed | Antargaz SAS | - |
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