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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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Post by riverrockon Feb 12, 2011 4:49pm
406 Views
Post# 18123620

An opinions on Prophecy's other coal project

An opinions on Prophecy's other coal project
Prophecy has plans to put in a 600MW Power Plant fed by its Chandgana Tal and Chandgana Khavtgai Coal Projects in Southern Mongolia, with later expansion to 4200MW.

https://www.stockhouse.com/Bullboards/PostMessage.aspx?s=NI&t=LIST

What are the odds of PCY getting the funds to do such a major deal?
Will it be a JV with PCY supplying the coal feed? Who would the JV partners be?

I bring this up, because Victory has roughly 10 million PCY shares and any positive news relative concerning the above coal power plant could be a plus for Victory.

Best of Luck to All Longs.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities