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 howlongon Jun 18, 2018 8:31pm

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Post# 28189081

Meeting approves preferred shares

recently approved victory nickel now has a preferred share. Will new financing be far off? Will unsecured lenders accept a preferred share in exchange for debt? Will frac sand expansion, merger, or acquisition be far off? Will there be a renewed vigorous life breathed into NI? How long? https://webfiles.thecse.com/NI_Report_of_Voting_Results_AGM_2018.pdf?6b_n0EbsyuI0PpnLkrGXx4xaEChmQBWn

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