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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 nellingsonon Jan 12, 2011 12:47pm
341 Views
Post# 17960283

Thoughts

ThoughtsGranted this would increase capital costs for the company but does anyone think it would be foolish or not to try and buy the smelter in Thompson from Vale which they closed? Is Thompson on the same rail line to Churchill? I heard Manitoba is increasing their port infrastructure in Churchill due to eventual longer opening of the Northwest passage and plenty of cargo will run down the line from Churchilll through Winnipeg. Just an idea if it gives more value-add back to the company and furthermore they could play this up as saving/creating jobs in Thompson which the Provincial and Federal govt's might be willing to help financially back. Thoughts?
Bullboard Posts