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READING — UGI Utilities Inc. announced Thursday a name change to UGI and unveiled a new logo.

Under the UGI-1 corporate initiative, UGI Gas Division, UGI Penn Natural Gas, UGI Central Penn Gas and UGI Electric Division all will be replaced by the new name.

The new logo features a black U, blue G and gray I and will be visible on company uniforms, vehicles, signage and communications materials.

Robert F. Beard, president and CEO of the company, said there has been tremendous growth and sees significant future potential.

“In order to take advantage of these opportunities and the ensuing challenges they present, UGI must take advantage of synergies, equip our employees to succeed and enhance our communications,” Beard said.