UGI to invest in upstate New York renewable natural gas project
UGI Corporation announced Tuesday that Cayuga RNG, a joint venture of UGI Energy Services LLC and Global Common Ventures, LLC, had entered into an agreement to produce renewable natural gas (RNG) in Upstate New York.
The project would be Cayuga RNG’s fourth and would be constructed at Bergen Farms and Glenview Dairy, both located in Schuyler County. The project will include the construction of a manure digester and gas upgrading equipment at each location. Once completed, the project is expected to produce approximately 150 million cubic feet of RNG annually. The gas would be delivered to a local natural gas pipeline serving the regional distribution system. Cayuga anticipates the project will be completed in the second half of 2024.
“We are excited to increase our portfolio of sustainable energy solutions that will deliver environmental benefits to farmers, communities, and customers,” said Robert F. Beard, Executive Vice President – Natural Gas, UGI. “Renewables is a platform for growth at UGI, and, with this investment, we have committed nearly $250 million to RNG projects across multiple states that will further expand our geographic footprint and earnings capability.”
UGI Corporation operates natural gas and electric utilities in Pennsylvania, as well as natural gas utilities in West Virginia. The company also distributes LPG domestically and internationally and manages midstream energy assets in Pennsylvania, Ohio, and West Virginia. It also engages in energy marketing, including renewable natural gas in the U.S. Mid-Atlantic region, California, and internationally in France, Belgium, the Netherlands, and the U.K.
