NiSource Inc.

NiSource Inc. is an energy holding company that operates as a regulated natural gas and electric utility in the United States. It serves residential, commercial, and industrial customers through two main segments: Columbia Operations and NIPSCO Operations. The natural gas segment provides gas to customers via approximately 37,300 miles of distribution main pipeline and 310 miles of transmission main pipeline across Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. The electric segment generates, transmits, and distributes electricity to about 0.5 million customers in northern Indiana. Its generation portfolio includes steam coal stations, combined cycle gas turbines, natural gas units, hydro plants, wind turbines, and solar units.

NiSource Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol NI. Its financial reporting is conducted in US Dollars (USD), as the company is headquartered in the United States and operates primarily in the US market.

NiSource Inc. operates in the Utilities sector, specifically within the Utilities - Regulated Gas industry. This means the company provides essential natural gas and electric services under government regulation, ensuring stable rates and reliable service to its customers. As a regulated utility, NiSource's operations are subject to oversight by state and federal authorities, which helps provide predictable revenue streams.

NiSource Inc. is headquartered in Merrillville, Indiana, United States. The company serves customers primarily in the Midwest and Mid-Atlantic regions. Its natural gas operations cover Ohio, Pennsylvania, Virginia, Kentucky, and Maryland, while its electric operations serve various counties in northern Indiana. Founded in 1847, NiSource has a long history of providing energy to these communities.

NiSource makes money by providing regulated natural gas and electric utility services to residential, commercial, and industrial customers. Its revenue comes from customer rates approved by regulatory commissions. The natural gas segment earns through distribution and transmission services, while the electric segment generates revenue from electricity sales and wholesale transactions. The company also owns diverse generation assets, including coal, natural gas, hydro, wind, and solar facilities, which support its electric operations. As a regulated utility, its profits are tied to the authorized return on its invested capital.