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.

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NiSource Inc

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Comment by Valkerieon Mar 24, 2014 9:23pm

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Post# 22362040

RE:testing

bugmapper wrote:
Is it normal to purchase a small amount of sand for "testing" purposes before signing a long term supply contract? This may be what they announced - the sale of "testing" quantities as they anticipate the customers to return with long term orders.

Not sure if normal but if I had million tied up in fracking equipment and was buying from a new guy, I sure would want to try a small amount before committing to a large order.

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