v3.25.1
Equity Method Investments (Tables)
6 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
Equity method investments comprise the following:
Carrying ValueOwnership Interest
InvesteesMarch 31, 2025September 30,
2024
March 31,
2024
March 31,
2025
September 30,
2024
March 31,
2024
Midstream & Marketing:
Aurum Renewables$47 $47 $46 40%40%40%
Pine Run91 86 81 49%49%49%
MBL Bioenergy221 206 157 99.99%99.99%99.99%
Other23 20 21 variousvariousvarious
Total Midstream & Marketing382 359 305 
UGI International (a)10 10 35 variousvariousvarious
Other— variousvariousvarious
Total investments in equity method investees$393 $370 $340 

(a)During Fiscal 2024, UGI International recognized an other-than-temporary pre-tax impairment loss of $26 related to its investment in a joint venture that invests in renewable energy projects.