NiSource Inc NI
NiSource Inc. is a leading energy holding company that operates regulated natural gas and electric utilities across multiple states in the United States. The company serves approximately 2.4 million natural gas customers and over 500,000 electric customers through its two primary reportable segments: Columbia Operations and NIPSCO Operations. NiSource's natural gas distribution business provides essential energy services to residential, commercial, and industrial customers in Kentucky, Maryland, Ohio, Pennsylvania, and Virginia, while its electric utility operations serve customers in northern Indiana through Northern Indiana Public Service Company (NIPSCO). The company's business model centers on operating as a regulated utility, investing in critical energy infrastructure, and earning returns approved by state regulatory commissions through rate cases. NiSource focuses on modernizing its energy delivery systems, transitioning to cleaner energy sources including solar and wind generation, and maintaining safe, reliable service for its customers while pursuing sustainable growth through strategic capital investments.
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