Description

NiSource Inc. operates as an energy holding company, providing regulated natural gas and electric utility services across several states in the U.S. Its activities are organized into two primary divisions: Gas Distribution Operations and Electric Operations. Through its Gas Distribution Operations, the company supplies natural gas to a significant customer base, encompassing roughly 853,000 clients in northern Indiana, plus an additional 2.4 million residential, commercial, and industrial consumers throughout Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. This vast network comprises approximately 54,600 miles of core distribution pipelines, individual customer service lines, and 1,000 miles of transmission main pipelines. For its Electric Operations, NiSource is responsible for the generation, transmission, and distribution of electricity to about 483,000 customers spread across 20 counties in northern Indiana. It also participates in wholesale electric transactions and transmission services. The company manages a varied collection of power generation assets, including: Coal-fired facilities in Wheatfield (722 megawatts, MW) and Michigan City (455 MW). A combined-cycle gas turbine plant located in West Terre Haute (563 MW). Natural gas generating units at Wheatfield (155 MW). Hydroelectric installations in Carroll County (9 MW) and White County (7 MW). Wind energy farms in White County, Indiana, with capacities of 102 MW and 302 MW. Founded in 1847, the firm was initially named NIPSCO Industries, Inc., changing its corporate identity to NiSource Inc. in April 1999. Its main office is situated in Merrillville, Indiana.