NOTICE OF FILING AND HEARING – Joint petition for consent and approval for UGI Corporation to acquire Mountaineer Gas Company

PUBLIC SERVICE COMMISSION OF WEST VIRGINIA CHARLESTON

 

CASE NO. 21-0043-G-PC MOUNTAINEER GAS COMPANY

and

UGI CORPORATION,

Joint petition for consent and approval for UGI Corporation to acquire Mountaineer Gas Company.

NOTICE OF FILING AND HEARING

On January 26, 2021, Mountaineer Gas Company (Mountaineer) and UGI Corporation (UGI) (jointly, Petitioners) filed with the Public Service Commission of West Virginia (Commission) a joint petition (Joint Petition) for Commission consent and approval of an acquisition transaction pursuant to which UGI would acquire indirectly all of the issued and outstanding common stock of Mountaineer. Petitioners also seek certain related approvals, including authority to assign an existing service agreement from Mountaineer to UGI and to extend and renew an existing liquefied natural gas purchase and sale agreement between Mountaineer and UGI.

 

Mountaineer provides natural gas utility services under the Commission’s jurisdiction to approximately 215,000 customers located throughout 50 counties in West Virginia. UGI is a publicly traded energy holding company incorporated in Pennsylvania and provides natural gas, electric, propane, and comparable fuels to nearly 2.9 million customers throughout the United States and Europe.

 

Petitioners assert that the transaction will not change the local management, operations, employee levels, service levels, or rates of Mountaineer, and will have no adverse effect on existing Mountaineer customers, other public utilities, or the public in general. Mountaineer will continue to own all its existing gas utility assets and operate its existing gas utility business.

 

The Joint Petition is on file with and available for public inspection at the Commission, 201 Brooks Street, in Charleston, West Virginia, and is available online at the Commission website (www.psc.state.wv.us).

 

 

The Commission schedules this matter for evidentiary hearing to be held on July 20, 2021, at 9:30 a.m. and continuing on July 21, 2021, if necessary, in the Howard Cunningham Hearing Room, Public Service Commission Building, 201 Brooks Street, Charleston, West Virginia. The Commission may determine, in light of the COVID-19 situation, that the scheduled hearing will be conducted virtually, with the parties to the case appearing online. Interested persons should be able to view the evidentiary hearing via an internet livestream. The Commission website, www.psc.state.wv.us,contains links to “Case Information,” “Submit a Comment,” and “Commission Webcast.”

 

Because of the COVID 19 pandemic, a public comment hearing will be held by videoconference only on July 19, 2021, at 9:30 a.m. Directions to enter the public comment hearing will be posted on the Commission website, www.psc.state.wv.us, under the Hot Topics section by July 14, 2021.

 

Anyone desiring to intervene should file a written petition to intervene no later than 4:00 p.m., May 4, 2021. Failure to timely intervene may affect your right to participate in the proceeding. All requests to intervene should briefly state the reason for the request to intervene and comply with the rules on intervention set forth in the   Commission’s    Rules of Practice and Procedure. The Commission will receive public comments and protests until the beginning of the hearing. All written comments, protests and requests to intervene should state the case name and number and be addressed to Connie Graley, Executive Secretary, P.O. Box 812, Charleston, West Virginia 25323. Public comments may also be filed online at http://www.psc.state.wv.us/scripts/onlinecomments/default.cfm by clicking the “Formal Case” link.

 

MOUNTAINEER GAS COMPANY

AND UGI CORPORATION

 

I0-21035RU0