NiSource Inc
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Lloyd Yates
- Full Time Employees
- 7,738
- Sector
- Utilities
- Industry
- Regulated Gas
- Address
- 801 East 86th Avenue Merrillville IN United States of America 46410
- IPO Date
- Feb 21, 1973
- CIK
- 0001111711
- Website
- nisource.com
- Similar Companies
- Business
- NiSource Inc. (NYSE: NI) operates as a fully regulated energy holding company, providing natural gas distribution and electric utility services to approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its principal subsidiaries Columbia Gas and Northern Indiana Public Service Company (NIPSCO). The company delivers natural gas to residential, commercial, and industrial customers via nearly 60,000 miles of pipeline infrastructure in Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland; NIPSCO generates, transmits, and distributes electricity in northern Indiana using a diverse portfolio including natural gas, hydroelectric, wind, solar, and coal-fired facilities with a total operating capacity exceeding 3,000 megawatts, alongside wholesale electric transactions. NiSource, founded in 1912 as Northern Indiana Public Service Company and headquartered in Merrillville, Indiana, employs about 7,700 people and focuses on reliability, affordability, and sustainability in its regulated utility segments. In recent developments, NiSource completed the sale of a 19.9% indirect minority equity interest in NIPSCO to Blackstone Infrastructure Partners in early 2024 for approximately $2.15 billion, bolstering its balance sheet to fund renewable energy transitions, including NIPSCO's shift to 0% coal-fired generation by 2028. The company announced a $1.5 billion at-the-market equity issuance program in October 2025, extending through 2028 and superseding a prior $900 million program, to support capital expenditures, working capital, and debt repayment amid expanding infrastructure needs. In Q3 2025, NiSource reported earnings growth and unveiled a $28 billion strategic capital plan through 2033, driven by nearly $7 billion in data center investments, regulatory approval for NIPSCO Generation LLC (GenCo) to develop dedicated power assets, and new partnerships with Quanta Services and Zachry for generation and grid enhancements to meet surging demand while protecting customer affordability.
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