UGI Energy Services to Acquire Stonehenge Appalachia Midstream Natural Gas Gathering System
January 4, 2022
UGI Corporation’s subsidiary, UGI Energy Services (UGIES), entered into a definitive agreement to acquire Stonehenge Appalachia, LLC from Stonehenge Energy Holdings, LLC for approximately $190 million. The Stonehenge midstream system is located in Butler County, Pennsylvania and includes pipeline and compression assets with gathering capacity of 130 million cubic feet per day.
- Buyers
- UGI Energy Services, LLC
- Targets
- Stonehenge Appalachia, LLC
- Sellers
- Stonehenge Energy Holdings, LLC
- Industry
- Energy
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.