UGI concludes acquisition of Columbia Midstream Group, LLC

UGI Corporation has announced that its subsidiary, UGI Energy Services, LLC, has completed the previously announced acquisition of the equity interests of Columbia Midstream Group, LLC (“CMG) from a subsidiary of TC Energy Corporation for approximately US$1.275 billion.

Columbia Midstream Group, which operates in the Appalachian Basin, owns four natural gas gathering systems and an interest in a company with gathering, processing and liquids assets. These assets connect production to markets throughout western Pennsylvania, eastern Ohio and northern West Virginia.