UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
FEBRUARY 26, 2003
(DATE OF REPORT)
UGI CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
PENNSYLVANIA 1-11071 23-2668356
(STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
460 N. GULPH ROAD
KING OF PRUSSIA, PENNSYLVANIA 19406
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(610) 337-1000
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
UGI Corporation Form 8-K
Page 2 February 26, 2003
ITEM 5. OTHER EVENTS
On Wednesday, February 26, 2003, UGI Corporation announced that its
electricity generation subsidiary, UGI Development Company, has signed a
definitive agreement to acquire the 83 megawatt ownership interest in the
Conemaugh generating station of Allegheny Energy Supply Company, LLC, a unit of
Allegheny Energy, Inc., for approximately $51.25 million, subject to a $3
million credit in favor of UGI Development Company. The purchase will
increase UGI's interest in the Conemaugh station to 102 megawatts, or nearly six
percent, from 19 megawatts, or approximately one percent. The transaction, which
is subject to customary closing conditions and regulatory approvals, is expected
to close by the end of June 2003.
The news release is included as an exhibit to this report and is
incorporated here by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
(99) News release by UGI Corporation dated February 26, 2003.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
UGI CORPORATION
(REGISTRANT)
By: /s/ Robert W. Krick
------------------------
Robert W. Krick
Vice President and Treasurer
Date: February 26, 2003
EXHIBIT INDEX
99. Text of press release issued by UGI Corporation on February 26, 2003.