NiSource (NYSE: NI) — Company Overview, News & Financial Data
NiSource delivers energy services across the U.S., focusing on sustainability and reliable utility operations.
NiSource
NiSource is an energy holding company operating fully regulated utility companies across the United States. Through its operating subsidiaries, including Columbia Gas and Northern Indiana Public Service Company, the company provides natural gas distribution as well as electric generation, transmission, and distribution services. Serving nearly four million customers across six states—Indiana, Ohio, Pennsylvania, Maryland, Virginia, and Kentucky—NiSource manages extensive natural gas distribution networks and electric power generation assets. The company focuses on modernizing its utility distribution infrastructure while advancing a long-term energy transition strategy by integrating renewable energy generation, such as solar and wind power, alongside low-carbon initiatives like renewable natural gas.
Snapshot
Operations
Products and/or services of NiSource
- Natural Gas Distribution: Delivers regulated natural gas service to approximately 3.3 million residential, commercial, and industrial utility customers across six states, managing thousands of miles of local gas mains, service lines, and underground storage facilities.
- Electric Power Generation and Supply: Generates, transmits, and distributes power to approximately 500,000 customers in northern Indiana, utilizing a diverse generation fleet that includes thermal power stations, solar farms, wind generation facilities, and battery energy storage.
- Renewable Energy Generation: Expands utility-scale solar power projects, wind farms, and energy storage infrastructure across northern Indiana to transition electric generation capacity away from legacy coal-fired plants toward lower-carbon power resources.
- Infrastructure Modernization: Executes long-term system modernization projects to replace legacy bare steel and cast-iron distribution piping with modern materials, strengthening pipeline safety, minimizing methane leaks, and maintaining continuous delivery pressure.
- Renewable Natural Gas Interconnection: Partners with agricultural livestock operations, municipal landfills, and wastewater treatment plants to clean captured organic biogas and inject pipeline-quality renewable natural gas into local utility distribution networks.
- Energy Efficiency and Assistance Programs: Delivers residential and commercial utility programs including home energy audits, equipment rebates, building weatherization, and low-income bill payment assistance to optimize total energy usage and reduce household utility expenses.
NiSource executive team
- Mr. Lloyd M. YatesPresident, CEO & Director
- Mr. Shawn AndersonExecutive VP & CFO
- Mr. William Jefferson Jr.Executive VP & Chief Operating and Safety Officer
- Ms. Melody BirminghamExecutive VP & Group President of NiSource Utilities
- Mr. Michael S. LuhrsExecutive VP of Technology, Customer & Chief Commercial Officer
- Mr. Gunnar J. GodeVP, Chief Accounting Officer & Controller
- Ms. Melanie B. BermanEVP of Administration & Chief Human Resources Officer
- Mr. Durgesh ChopraVice President of Investor Relations
- Ms. Kimberly S. CucciaEVP, General Counsel & Corporate Secretary
- Ms. Angela SanchezVice President of Communications