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21 Feb, 2024
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1 Nov, 2023
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NiSource Inc. engages in the regulated natural gas and electric distribution. It operates through the following segments: Gas Distribution Operations, Electric Operations, Gas Transmission and Storage Operations, Other and Eliminations. The Gas Distribution Operations segment provides storage and transportation services to its gas distribution operations, unregulated retail natural gas service, interstate pipeline and gathering operations, production operations, gas marketing and trading activities, data processing services and accessing capital markets. The Electric Operations segment supplies electricity through generation plants. The Gas Transmission and Storage Operations segment offers nonregulated interstate pipeline operations along with transmission capacity to local natural gas distribution companies. The Other segment refers to utility-affiliated nonregulated businesses and other corporate activities group together at NiSource's holding company level. NiSource was founded on March 30, 1999 is headquartered in Merrillville IN.