Northern Indiana Public Service Co. (NIPSCO)
A Blackstone subsidiary is free to acquire an almost 20% stake in Northern Indiana Public Service Co. after FERC’s consent.
Tensions are building between NIPSCO and the Citizen Action Coalition of Indiana over the utility's proposal to build a new natural gas peaking plant.
FERC approved Northern Indiana Public Service Company’s request for transmission incentives on two lines it is building under the MISO Transmission Expansion Plan.
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.
Three Indiana utilities could save customers a combined $73 million if they ditched plans to build new gas plants and invested in battery storage, report says.
NiSource intends to sell up to a nearly 20% stake in its subsidiary NIPSCO to cover the costs of grid modernization and a bigger push to net-zero emissions.
Illinois’ climate goals could cost other states in PJM and MISO tens of millions in transmission upgrades as coal and natural gas power plants are retired.
The Indiana House of Reps passed a bill that could prolong the retiring or selling coal plants when the state is moving toward cleaner alternatives.
NiSource lost money last quarter as the company continues to face costs stemming from a string of gas pipeline explosions in three Massachusetts cities.
MISO is circulating a cost allocation plan that would lower voltage thresholds but raise cost minimums on economically beneficial transmission projects.
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