EXHIBIT 99


Contact: Robert W. Krick                        For Release:  February 26, 2003
         610-337-1000, ext. 3141                              Immediate




UGI TO PURCHASE ADDITIONAL ELECTRICITY GENERATION


VALLEY FORGE, Pa., February 26 -- UGI Corp. (NYSE:UGI), 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., (NYSE:AYE), 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.


Lon R. Greenberg, chairman, president and chief executive officer of UGI said,
"We welcome the opportunity to increase our position in the electricity
generation industry. As an active investor in the Conemaugh facility since its
inception in 1971, we are very familiar with its operating characteristics.
Furthermore, UGI Energy Services, Inc., also known as GASMARK(R), is
well-positioned to add electricity to the portfolio of products it markets to
commercial and industrial customers in its Mid-Atlantic service area." Through
its wholly owned subsidiary, UGI Utilities, Inc., UGI distributes electricity to
over 61,000 customers in Luzerne and Wyoming counties in northeastern
Pennsylvania.

The Conemaugh generating station, located near Johnstown, PA, is a 1,711
megawatt, coal-fired electricity generating station owned by a consortium of
energy companies and is operated by a unit of Reliant Resources, Inc.
(NYSE:RRI). The facility is part of the PJM Interconnection and supplies base
load power at one of the lowest variable costs in the region.

"Nearly four years ago, we announced our intention to grow our core utility and
domestic propane businesses as well as invest in related and complementary
businesses," said Greenberg. "The purchase of additional generation capacity is
consistent with our strategic focus and should be accretive immediately to
earnings per share." Greenberg noted that UGI would use a portion of its
existing cash balances to fund the purchase at close. The transaction, which is
subject to customary closing conditions and regulatory approvals, is expected to
close by the end of June 2003.

UGI is a holding company with propane marketing, utility and energy marketing
subsidiaries. Through subsidiaries, UGI owns 51% of AmeriGas Partners, L. P.
(NYSE: APU), the nation's largest retail propane marketer.

Comprehensive information about UGI is available on the Internet at
HTTP://WWW.UGICORP.COM.

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This press release contains certain forward-looking statements which management
believes to be reasonable as of today's date only. Actual results may differ
significantly because of risks and uncertainties that are difficult to predict
and many of which are beyond management's control. You should read UGI's Annual
Report for a more extensive list of factors that could affect results. Among
them are adverse weather conditions, price volatility and availability of all
energy products, including propane, natural gas, electricity and fuel oil. UGI
undertakes no obligation to release revisions to its forward-looking statements
to reflect events or circumstances occurring after today.

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