UGI Partners with California Bioenergy and Sevana Bioenergy to Develop RNG Dairy Digestor Projects in South Dakota via MBL Bioenergy

DALLAS – (COMMERCIAL THREAD) – MBL Bioenergy, LLC (“MBL Bioenergy”) announced today that it has entered into definitive agreements to develop several groups of dairy farm digesters projects to produce renewable natural gas (“RNG”) at from several farms in South Dakota. MBL Bioenergy is a joint venture funded by UGI Energy Services, LLC (“UGIES”) and subsidiaries of California Bioenergy LLC (“CalBio”) and Sevana Bioenergy, LLC (“Sevana Bioenergy”). UGIES is a subsidiary of UGI Corporation (NYSE: UGI).

MBL Bioenergy combines the experience and expertise of UGIES and two leading dairy digester project development companies, California Bioenergy and Sevana Bioenergy. The project groups are expected to produce 650 million cubic feet of RNG per year when completed and online by the end of calendar year 2024. RNG will be delivered to local pipelines serving the regional distribution network. In total, the projects will represent an investment of over $ 100 million in RNG by MBL Bioenergy, with funding by UGIES per project. UGIES, through its wholly owned subsidiary, GHI Energy, will be the exclusive distributor of MBL Bioenergy.

“We are delighted with this agreement as it advances our strategy to position UGI as a leading provider of sustainable energy solutions,” said Robert F. Beard, Executive Vice President, Natural Gas. “In addition to significantly reducing greenhouse gas emissions, the use of dairy RNG as a vehicle fuel offers significant air quality benefits. We look forward to making additional investments in this area as we advance the use of RNG as a clean and environmentally friendly energy solution. ”

“This partnership with UGI is another positive step in expanding our carbon-negative renewable natural gas business,” said N. Ross Buckenham, CEO of CalBio. “Our dairy methane capture and refining projects offer significant environmental benefits, improve profitability for dairy farm partners, and provide a clean-burning diesel alternative fuel. Through our subsidiary, Midwest Bioenergy LLC, this joint venture with UGI, a powerful and committed new strategic partner, anchors our expansion of Dairy RNG into the Midwest. ”

“Sevana is delighted to build on its existing relationship with UGI to produce renewable fuel for UGI customers. This is another example of Sevana’s team of biogas experts deploying cutting-edge renewable energy technology to create strong, value-added partnerships in farming communities, ”said John McKinney, President of Sevana . “We believe these dairy digesters projects will demonstrate how multiple farms can participate in community projects that benefit the local economy, environment and South Dakota stakeholders.”

About UGI Corporation

UGI Corporation is a distributor and distributor of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, natural gas utilities in West Virginia, distributes LPG both nationally (via AmeriGas) and internationally (via UGI International), manages intermediate energy assets in Pennsylvania, Ohio and West Virginia and production assets in Pennsylvania and engages in the commercialization of energy, including renewable natural gas in the mid-Atlantic region. in the United States, California and the District of Columbia and internationally in France, Belgium, the Netherlands and the United Kingdom.

Complete information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

About CalBio

CalBio is a leading developer of dairy digesters for the production of renewable fuel and electricity for vehicles. Founded in 2006, CalBio works closely with the California Air Resources Board, California Department of Food and Agriculture, California Public Utility Commission, California Energy Commission, USDA, and the dairy industry to develop projects to help the dairy industry to meet its methane reduction targets. , protect air and water quality, create local jobs and generate a new source of income. CalBio currently operates and / or develops more than 100 dairy digesters projects in California and, through its subsidiaries: Midwest Bio, Northwest Bio and Southwest Bio, is developing projects across the country. For more information, call CalBio or visit: www.calbioenergy.com.

About Sévana

Sevana Bioenergy develops, designs, owns and operates large-scale anaerobic digestion projects that produce renewable natural gas and organic-based soil amendments. Using cutting-edge technology, engineering and design, we are advancing the future of biogas-based power generation in the United States. Biogas projects reduce waste, increase the use of renewable energy and reduce long-term greenhouse gas emissions. Our mission is to be a market leader in accelerating the production of renewable natural gas derived from anaerobic digestion facilities in North America. With an experienced team of national and international experts, we build value-added partnerships in farming communities by creating new markets for existing farming businesses. Our goal is to ensure that communities benefit and thrive through these partnerships while developing renewable solutions to local waste and energy problems. More information is available at www.sevanabioenergy.com.

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