NiSource Achieves IURC Regulatory Approval for GenCo Strategy
NiSource Inc (NI)
Last nisource inc earnings: 2/26 08:57 pm
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Source: Business Wire
With IURC approval, the structure unlocks energy solutions tailored for the data center boom while protecting existing customers, enabling growth and securing long-term value. MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) has received Indiana Utility Regulatory Commission’s (IURC) approval for its NIPSCO Generation LLC (GenCo) declination petition. GenCo is designed to own, build and manage generation assets to serve the growing data center industry in Northern Indiana.This approval marks a pivotal moment for our company and the region, unlocking GenCo’s ability to protect existing NIPSCO retail customers and best serve data center and other large load customers. GenCo’s strategic pillars include:Customers First: GenCo was created to shield NIPSCO’s existing retail customers from costs associated with serving new data center customers.Growth Ready: By operating as a separate entity, GenCo is best positioned to meet the demands of new data center customers quickly an
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News
- NiSource (NYSE:NI) was given a new $50.00 price target on by analysts at Mizuho.MarketBeat
- Yates: AI data centers are a massive opportunity for our industry [CNBC]CNBC
- A Closer Look at NiSource (NI) Valuation After Recent Utility Sector Gains [Yahoo! Finance]Yahoo! Finance
- NiSource (NI): Exploring Valuation After Recent Share Gains and Growth Outlook [Yahoo! Finance]Yahoo! Finance
- NiSource (NYSE:NI) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $50.00 price target on the stock, up previously from $46.00.MarketBeat
NI
Earnings
- 10/29/25 - Miss
NI
Sec Filings
- 12/5/25 - Form SCHEDULE
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- NI's page on the SEC website