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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Post by Kahn123on Oct 02, 2014 2:43pm

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Post# 22992461

LAND PURCHASE

Well the good news finally starts to flow after a bit of a drought.

I was wondering now that they want to buy the 300 acres ... they mention that they want to for partnerships with others with white frac sand deposits ??? Does anyone have more information on what this will entail?

I mean is this to keep the concentrator running at capacity or is it to purchase sand from others as well as mine it from ourselves ?

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