UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | August 4, 2011 |
UGI Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
Pennsylvania | 1-11071 | 23-2668356 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
460 No.Gulph Road, King of Prussia, Pennsylvania | 19406 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 610 337-1000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On August 4, 2011, UGI Corporation ("UGI") issued a press release to announce an unscheduled outage at its subsidiary's 125-megawatt Hunlock electric generation station and to update UGI's fiscal year 2011 earnings guidance. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of UGI Corporation dated August 4, 2011.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UGI Corporation | ||||
August 4, 2011 | By: |
Hugh J. Gallagher
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Name: Hugh J. Gallagher | ||||
Title: Treasurer |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press Release of UGI Corporation dated August 4, 2011. |
Investor Contacts: 610-337-1000
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For Immediate Release: | |
Hugh J. Gallagher, ext. 1029 Brenda A. Blake, ext. 3202 |
August 4, 2011 |
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Media Contact: 610-796-3463 Joseph Swope |
UGI Reports Outage at its Hunlock Generating Plant
VALLEY FORGE, Pa., August 4 UGI Corporation (NYSE: UGI) announced that on July 28 a failure in a heat recovery steam generator at one of two gas-fueled generating units at its 125-megawatt Hunlock electric generation station caused an unscheduled outage at the plant. The company is currently assessing the damage to Hunlock Unit #6. The remaining unit (Unit #5) was not damaged in the incident, but is being held out of service as a precautionary measure. Unit #5 is capable of generating approximately 60 megawatts of electricity and can operate effectively while Unit #6 is out of service.
Lon R. Greenberg, chairman and CEO of UGI said Our near-term focus is to complete our assessment of the damage to Unit #6 and to place the undamaged Unit #5 back in service within a few weeks time. The Hunlock plant was not expected to be a significant contributor to earnings in fiscal 2011, thus we anticipate this outage having only a slight adverse affect on our prior guidance of approximately $2.20 per share for the full fiscal year ending September 30, 2011.
UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in Pennsylvania, and engages in energy marketing in the Mid-Atlantic region. UGI owns 44% of AmeriGas Partners, L.P. (NYSE:APU), the nations largest retail propane distributor.
Comprehensive information about UGI Corporation is available on the Internet at http://www.ugicorp.com.
This press release contains certain forward-looking statements which management believes to be reasonable as of todays date only. Actual results may differ significantly because of risks and uncertainties that are difficult to predict and many of which are beyond managements control. UGI undertakes no obligation to release revisions to its forward-looking statements to reflect events or circumstances occurring after today.
C-10 ### 8/4/11