UGI Energy Services LLC (UGIES), a subsidiary of UGI Corp., announces the purchase of South Jersey Energy Company’s (SJE) retail natural gas business including Open Flow Energy, effective 1 December 2018.
The purchase includes all of SJE’s 2500 commercial and industrial customer contracts, which includes supply service to approximately 6000 locations.
UGIES is committed to a seamless transition for the newly acquired customers that are located primarily in Pennsylvania and New Jersey, US.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05122018/ugi-energy-services-acquires-south-jersey-energys-natural-gas-business/
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Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
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