NiSource Inc. Overview
Pro stress-test →NiSource Inc. is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands, with a mission to deliver safe, reliable energy that drives value to customers through approximately 7,700 employees. The company is advancing a diversified portfolio that spans natural gas, electric, renewables, and a transformative data center project.
Strategic Profile
Pro stress-test →NiSource plans to invest approximately $28.0 billion from 2026–2030, including nearly $7.0 billion in strategic data center infrastructure tied to a landmark agreement with Amazon that is designed to return more than $1 billion in savings to retail customers. The company expects an 8%-9% compound annual growth rate in non-GAAP consolidated adjusted EPS and 9%-11% consolidated rate base growth from 2026 through 2033.
Competitive Landscape
Pro stress-test →NiSource operates as a regulated utility in transition, pairing solid current-year outperformance with ambitious but largely contracted growth avenues like Genco and data centers, with strengthened balance sheet, rising dividend and sizable capital pipeline positioning it as a regulated growth story. Primary competition includes regional and national regulated utilities (Exelon, Duke Energy, American Electric Power) in electricity and natural gas distribution markets.
Industry Context
NiSource Inc. operates in Electric and Gas Utilities.
Key facts
Founded: 1987 · Headquarters: Merrillville, Indiana, US · Employees: 7700 · Revenue: $6.32B · Market cap: N/A