NiSource Announces Agreement to Sell Minority Equity Interest in NIPSCO to Strengthen Financial Foundation, Support Sustainable, Long-Term Growth
June 21, 2023
June 21, 2023
MERRILLVILLE, Indiana, June 21 -- Northern Indiana Public Service Co., a subsidiary of NiSource, issued the following news release on June 20, 2023:
NiSource Inc. (NYSE: NI) today announced that it has entered into a definitive agreement with an affiliate of Blackstone Infrastructure Partners, Blackstone's (NYSE: BX) dedicated Infrastructure group, for the Blackstone Infrastructure affiliate to acquire a 19.9% equity interest in NIPSCO for $2.150 billion.
Blackston . . .
NiSource Inc. (NYSE: NI) today announced that it has entered into a definitive agreement with an affiliate of Blackstone Infrastructure Partners, Blackstone's (NYSE: BX) dedicated Infrastructure group, for the Blackstone Infrastructure affiliate to acquire a 19.9% equity interest in NIPSCO for $2.150 billion.
Blackston . . .