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BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

HARRISBURG, Pa.--(BUSINESS WIRE)-- The Building Decarbonization Coalition (BDC ) today released a new report, The Cost of Heat: Managing Pennsylvania’s Thermal Transition, finding that Pennsylvania’s largest “Big Six” gas utilities spent $11 billion on Act 11-enabled gas pipeline replacement programs from 2013 to 2025.

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

BDC Report: $11 Billion in ‘Big Six’ Gas Pipeline Spending Drives 67% Surge in Pennsylvania Gas Utility Bills

Thu, 10 Sep 2026 07:01:00 -0400

BDC report recommends Pennsylvania reform spending on expensive gas infrastructure and invest in affordable alternatives to lower bills and strengthen its workforce

The report also finds that this Act 11 spending is a major driver of the 67% average increase Pennsylvanians have seen

Jefferies Upgrades UGI Corporation (UGI) to Buy

Wed, 09 Sep 2026 05:11:35 -0400

(Updated - September 9, 2026 5:11 AM EDT)

Jefferies analyst Julian Dumoulin-Smith upgraded UGI Corporation (NYSE: UGI) from Hold to Buy with a price target of $43.00.

The analyst comments "Upgrade to Buy as KKR interest adds upside case with live private-market value. Reported $42.50/sh bid near our $43 SOTP, but not fully stretched. PA remains noisy, but UGI rate case and AWK-WTRG merger settlements derisk. Interest likely focused on International (France) but most value is PA utility. AmeriGas remains the challenge: we refresh near-term estimates lower after weak FY26E and upcoming winter risk. FY26E unchanged, FY27-FY29E lower 3-5%."

For an analyst ratings

Jefferies Upgrades UGI Corporation (UGI) to Buy

Wed, 09 Sep 2026 05:11:35 -0400

(Updated - September 9, 2026 5:11 AM EDT)

Jefferies analyst Julian Dumoulin-Smith upgraded UGI Corporation (NYSE: UGI) from Hold to Buy with a price target of $43.00.

For an analyst ratings

UGI Corp. (UGI) call put ratio 8.5 calls to 1 put as share price up 11.5%

Tue, 18 Aug 2026 13:53:14 -0400

UGI Corp. (NYSE: UGI) 30-day option implied volatility is at 27; compared to its 52-week of 14 to 38. Call put ratio 8.5 calls to 1 put as share price up 11.5%.

UGI shares spike on reported KKR bid for the company

Tue, 18 Aug 2026 11:28:30 -0400

(Updated - August 18, 2026 11:28 AM EDT)

Investing.com -- UGI Corporation shares quickly rose more than 14% on Tuesday following a Wall Street Journal report that private equity firm KKR made a $9 billion takeover offer for the natural gas and electricity distributor.

KKR proposed to acquire UGI for $42.50 per share, according to the report.

Shares were halted for a volatility pause at $37.20, up 6%, shortly after the announcement. Before the report surfaced, the stock was trading around $35, approximately 20% below the reported offer price.

UGI shares spike on reported KKR bid for the company

Tue, 18 Aug 2026 11:28:30 -0400

(Updated - August 18, 2026 11:28 AM EDT)

KKR proposed to acquire UGI for $42.50 per share, according to the report.

UGI Corp. (UGI) halted on volatility, up 6%

Tue, 18 Aug 2026 11:22:47 -0400

UGI Corp. (UGI) halted on volatility, up 6%

Tue, 18 Aug 2026 11:22:47 -0400

UGI Corp. (UGI) halted on volatility, up 6%

Tue, 18 Aug 2026 11:22:47 -0400

UGI Corp. (UGI) halted on volatility, up 6%

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Tue, 18 Aug 2026 11:21:37 -0400

KKR offered to buy UGI for $42.50 a share - WSJ

Form 8-K UGI CORP /PA/ For: Aug 11

Mon, 17 Aug 2026 16:31:00 -0400

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