King of Prussia’s UGI is among the growing number of utilities that are focusing on reducing greenhouse gasses by investing in renewable natural gas, writes Ryan Dezember for The Wall Street Journal.

“Renewable natural gas is something green for them to talk about,” said RBC Capital Markets analyst T.J. Schultz. “The benefit for them is it fits within their existing infrastructure. They don’t have to make changes.”

UGI sold its stake in a coal-fired power plant in Pennsylvania. For a replacement, it bought a business that trades in renewable-gas credit markets for California and has also invested in a dairy-gas project in Idaho.

During an online biogas conference held earlier this month, UGI executive David Lindenmuth said that his company is following the lead of its businesses in Europe.

“Utilities over there have found out how to remain relevant,” he said. “Keep that invested infrastructure, but also talk about how they can be a partner in reducing greenhouse gasses and not be picked apart by environmentalists.”

Read more about UGI at The Wall Street Journal by clicking here.