We are proud to announce that UGI Corporation has entered a 15-year agreement with California-based technology developer Vertimass LLC , to produce renewable-ethanol in the US, UK and Europe. The goal, using Vertimass' catalytic technology, is to have the first production facility onstream in fiscal year 2024 with an annual production target of approximately 50 million gallons of combined renewable fuels.

This agreement will support UGI's ongoing efforts to provide innovative, low-carbon, sustainable solutions to our customers.