Roughly three years into owning Columbia Midstream Group, TC Energy Corp. agreed July 2 to sell the subsidiary and its gas gathering and processing assets in the Appalachian Basin.

UGI Energy Services LLC will pay the Canadian company roughly $1.3 billion for the U.S. midstream assets, which include four natural gas gathering systems and an interest in a company with gathering, processing and liquids assets.

A subsidiary of energy distributor UGI Corp., UGI Energy Services supplies and markets natural gas, liquid fuels and electricity to 40,000 customer locations across the Mid-Atlantic and Northeastern U.S. On its website, the company said it’s headquartered near the heart of the Marcellus.

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