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UGI and Vertimass in 15-year agreement to produce renewable fuels in the US and Europe; $500M investment; propane and SAF

Green Car Congress

UGI expects to invest either solely, jointly with Vertimass or in partnership with third parties to build and operate multiple production facilities over the next 15 years in locations across the US and Europe, significantly increasing the supply of renewable-propane and SAF.

Renewable 305
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Utilities Are Taking an EV-industry Leadership Role

Driivz

Utilities are emerging as dominant players in the global race to electric vehicle adoption beyond just the power supplier. They have insights to the customers’ electrical usage. E.ON, a German power company; EDF, based in France; and Italy’s Enel are partnering with Nissan to build V2G networks. California as the EV Leader.