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NiSource Eyes $30 Billion in Gas and Electric Opportunities

NiSource Eyes $30 Billion in Gas and Electric Opportunities

SUGAR LAND--May 20, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--NiSource Incorporated (NYSE:NI) (Merrillville, Indiana), which owns gas and electric businesses in seven states, is contemplating as much as $30 billion in long-term infrastructure investment opportunities, company officials told investors earlier this month in the company's quarterly earnings report. Potential opportunities in the gas business total about $20 billion, while the electricity business has approximately $10 billion of infrastructure opportunities.

Within this article: Details on how NiSource is coping with the unprecedented COVID-19 crisis and where it expects to see its strongest project developments.

Other companies featured: Eversource Energy (NYSE:ES)

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