Description

Inside NiSource’s $28 Billion Capex Plan—Safety, Reliability, and a Smoother Energy Transition!

NiSource, a diversified energy company with a focus on regulated utility operations, reported its fourth-quarter 2025 earnings, surpassing financial expectations and demonstrating strong operational performance. The company delivered a full-year adjusted earnings per share (EPS) of $1.90, exceeding guidance, with a fourth-quarter EPS of $0.51. NiSource continues to execute its business strategy of disciplined capital allocation, operational excellence, and constructive regulatory relationships across its six jurisdictions, ensuring it remains well-positioned for sustained growth. A significant development for NiSource in 2025 was the successful agreement with Amazon, expected to return approximately $1 billion to NIPSCO customers over 15 years, providing an estimated $7 to $9 per customer per month. This agreement highlights NiSource’s commitment to customer affordability and economic development.