OF WEST VIRGINIA
CASE NO. 21-0043-G-PC
Joint petition for consent and approval for UGI
Corporation to acquire Mountaineer Gas Company.
NOTICE OF PUBLIC 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).
On March 19, 2021, the Commission issued an Order scheduling a public comment hearing to be held by videoconference only on July 19, 2021, at 9:30 a.m. because of the COVID 19 pandemic. The Commission has held several in-person hearings at its hearing room in the Commission’s Charleston West Virginia headquarters since the March 19, 2021 Order. The Commission has determined that in-person hearings can be conducted in a safe manner using COVID protocols such as social distancing and wearing masks. The public comment hearing scheduled for July 19, 2021, will now be held as an in-person hearing on July 20, 2021, beginning at 9:30 a.m. at the Commission’s Howard M. Cunningham Hearing Room, Commission Headquarters, 201 Brooks Street, Charleston, West Virginia. Masks and social distancing will be required at the public comment hearing and the evidentiary hearing. The evidentiary hearing will remain an in-person hearing beginning on July 20, 2021, after the public comment hearing.
The Commission will receive written public comments and protests until the beginning of the July 20, 2021 evidentiary hearing. All written comments and protests 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. 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.”
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