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NiSource Inc T.NI


Primary Symbol: NI

Utilities Utilities - Diversified
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

NiSource Inc
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Comment by riverrockon Mar 27, 2010 5:40pm
341 Views
Post# 16931930

RE: Wondering

RE: Wondering
I think the problem is getting the $596 million to build the project.
They may have to bring in a partner or partners to get the thing started.
On their own, if they got a low interest long term (10 years or more) they could  make it happen.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities