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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
Comment by Kahn123on Oct 31, 2014 9:47pm
181 Views
Post# 23084248

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Expecting Stock To Double Very Near Term !!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Expecting Stock To Double Very Near Term !!1) Phase 2 is expected to cost 5 m and take 3 months  completion is expexted jan - feb
2) Phase 3 is expected to start soon AFTER phase 2 and is expected to cost30 m and take 18 months to build
3) I think the agreement with NWI is that they do not get a cut of the proffits untill phase 3 is complete and all cap x is recovered

Bullboard Posts