UGI Divested HVAC and Conemaugh Assets in Fiscal 2020

UGI's Midstream & Marketing segment total margin decreased partly due to the absence of margins attributable to HVAC and Conemaugh that were divested in Fiscal 2020.

“Total margin decreased $5 million primarily reflecting the absence of margins attributable to HVAC and Conemaugh that were divested in Fiscal 2020 ($7 million) and lower peaking margin ($5 million) compared to the prior-year period.”

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