Natural Gas Utilities

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Grandblue Environment to acquire 100 pct stake in Foshan-based company

Tuesday, 30 Jun 2015

Grandblue Environment Co., Ltd:To acquire 100 pct stake in a Foshan-based environmental engineering company.Transaction price of 126.75 mln yuan.

UGI Corporation completes acquisition of Total LPG Distribution Business in France

Friday, 29 May 2015

UGI Corporation:Completed the previously announced acquisition of Total's liquefied petroleum gas (LPG) distribution business in France for 423 mln euros.Says acquisition nearly doubles UGI's retail distribution in France to about 500 mln gallons annually.company expects the transaction to be $0.14 to $0.18 per share dilutive for fiscal 2015 due to customary transaction expenses and the impact of acquiring the business during the non-core summer months.Transaction will be accretive in fiscal 2016 and beyond.

JP Energy Partners completes acquisition of Southern Propane Inc.

Monday, 11 May 2015

JP Energy Partners LP:Has completed the previously announced acquisition of substantially all of the assets of Southern Propane Inc.The $14.9 million acquisition is expected to be immediately accretive to JP Energy's distributable cash flow per unit and was funded from JP Energy's revolving credit facility and the issuance of about 267,000 JPEP units.

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