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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by Valkerieon Feb 12, 2014 9:57am
217 Views
Post# 22199374

Old news - Over $30 million cash flow

Old news - Over $30 million cash flow
This just hit me !!! The Right Product in the Right Place at the Right Time Three-Phased Business Plan to Enter a Growing Market: Phase 1: Purchase Wisconsin concentrated sand for final processing at Victory Silica’s Seven Persons plant near Medicine Hat, Alberta. 400,000 tpa, annual net operating cash flow projection: >$10,000,000*. Phase 2: Purchase Wisconsin frac sand mine and build wet plant. 400,000 tpa. Increase margin, gain security of supply. Phase 3: Build larger frac sand plant in Winnipeg, Manitoba to process import and domestic (Minago) frac sand. 1,100,000 tpa. Increase margin, improve service. Phase l will generate a cash flow of $10 million. Phase lll will generate over $30 million dollars.
Bullboard Posts