UGI and Stonehenge Energy completed the acquisition of Superior Midstream for $120m.

UGI, a distributor and marketer of energy products and services, and Stonehenge Energy, a private energy company, completed the acquisition of Superior Midstream, a midstream company, for $120m. “Today marks an exciting day for us and our partners at UGI Energy Services. This acquisition underscores our optimism about the future of our industry and the strength of our partnerships with UGI and Energy Spectrum. We are excited to welcome the talented team that has been supporting these assets and look forward to continuing to work closely together with the customers on all our systems as we help provide the energy needed by our country and the world,” Patrick Redalen, Stonehenge President and CEO.