NiSource weighs sale of unit tied to gas explosions - Bloomberg [Seeking Alpha]
NiSource Inc (NI)
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Source: Seeking Alpha
NiSource weighs sale of unit tied to gas explosions - Bloomberg - NiSource Inc. (NYSE:NI) | Seeking Alpha Energy NiSource weighs sale of unit tied to gas explosions - Bloomberg Jun. 17, 2019 5:47 PM ET | NiSource Inc. (NI) Carl Surran NiSource (NYSE: planning a sale NI received bids this month from rival utilities for the division, which could fetch ~$2B, according to the report. NI said last month it is potentially facing more than $1B in claims from last year's Merrimack Valley gas explosions, which killed one person and injured more than two dozen. Columbia Gas of Massachusetts is one of the state's largest distributors of natural gas, with 323K customers. Click to subscribe to real-time analytics on NI Now read: CenterPoint Energy: A Solid Utility With High Growth » Subscribe
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- 4/1/24 - Form ARS
- 4/1/24 - Form DEFA14A
- NI's page on the SEC website