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NiSource Reports First Quarter 2021 Results


Press release content from PR Newswire. The AP news staff was not involved in its creation.
NiSource Reports First Quarter 2021 Results
May 5, 2021 GMT
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MERRILLVILLE, Ind., May 5, 2021 /PRNewswire/ NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2021 of $281.7 million, or $0.72 diluted earnings per share, compared to a net income available to common shareholders of $61.8 million, or $0.16 diluted earnings per share, for the same period of 2020.
NiSource also reported non-GAAP net operating earnings available to common shareholders of $304.8 million, or $0.77 diluted earnings per share, for the three months ended March 31, 2021, compared to non-GAAP net operating earnings available to common shareholders of $290.9 million, or $0.76 diluted earnings per share, for the same period of 2020. Schedule 1 of this press release contains a complete reconciliation of GAAP mea ....

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NiSource Joins Low-Carbon Resources Initiative, Developing Key Technologies For A Sustainable Future


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MERRILLVILLE, Ind., April 20, 2021 /PRNewswire/ NiSource Inc. (NYSE: NI) has joined the Low-Carbon Resources Initiative (LCRI), a five-year initiative to accelerate the development and demonstration of low-carbon energy technologies. LCRI s Research Vision focuses on technologies such as clean hydrogen, bioenergy and renewable natural gas needed to enable affordable pathways to economy-wide decarbonization.
The Low-Carbon Resources Initiative aligns with NiSource s commitment to affordable, dependable and sustainable energy, said Joe Hamrock, president and chief executive officer of NiSource. We are working closely with all of our stakeholders to ensure that our ongoing transition to more sustainable energy over the long term produces the best, most productive outcomes for all people and communities. We call this approach Your Energy, Your Future. ....

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