MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource (NYSE: NI) today announced that Mike Hooper, president of their Indiana-based subsidiary NIPSCO, is departing on March 15, following a successful 13-year career with the organization. Hooper is leaving to accept an opportunity to lead another Midwest utility company. “We thank Mike for his leadership in advancing a number of our long-term business p...
NiSource is benefitting from recent legislation and an accommodative regulatory view of capital expenditures on energy infrastructure. Favorable rate adjustments are fueling healthy growth for NI's 4% dividend yield and underlying earnings. NI's "infrastructure modernization" plans offer a diluted way to invest in alternative energy that's less risky due to utilities' regulated oversight.
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today that it has established an “at-the-market” (“ATM”) equity offering program under which it may sell shares of its common stock having an aggregate gross sales price of up to $900 million through December 31, 2025. NiSource has entered into separate equity distribution agreements with each of Barclays Capit...
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, 2023 net income available to common shareholders of $661.7 million, or $1.48 diluted earnings per share, compared to net income available to common shareholders of $749.0 million, or $1.70 diluted earnings per share, for the same period of 2022. NiSource also reported 2023 non-GAAP net operating earn...
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today that it will redeem all outstanding shares of its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share, liquidation preference $25,000 per share (the “Series B Preferred Stock”) and Series B-1 Preferred Stock, par value $0.01 per share, liquidation pre...
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, February 21, 2024, to review its fourth quarter 2023 financial results and provide a general business update. NiSource will release its fourth quarter 2023 financial results before U.S. financial markets open on February 21. All inte...
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