Blackstone Infrastructure Partners
A Blackstone subsidiary is free to acquire an almost 20% stake in Northern Indiana Public Service Co. after FERC’s consent.
Blackstone will pick up a nearly 20% stake in Northern Indiana Public Service Co. for a little more than $2 billion, parent NiSource announced Tuesday.
FirstEnergy announced $3.4 billion in new equity financing from two global investors that it believes will position it for long-term EPS growth of 6 to 8%.
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