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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
Bullboard Posts
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(54)
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Comment by gwalkeron Apr 19, 2011 8:50am
399 Views
Post# 18451597

RE: crazy

RE: crazyYou already brought up 2 of the points: 1- no cash, 2 - diluted to hell. The 3rd leg is that the payback was rather low at something like 19% from the last feasibility study.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities