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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
None
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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NIPSCO and Capital Dynamics sign build-transfer deal for 200MW solar project

NIPSCO and Capital Dynamics sign build-transfer deal for 200MW solar project
NIPSCO plans to go coal-free by 2028. Image: Joe Passe/Flickr
US utility Northern Indiana Public Service Company (NIPSCO) has signed a deal with asset manager Capital Dynamics’ green energy business to develop a 200MW solar farm in Gibson County, Indiana.
Capital Dynamics has signed a build-transfer agreement for the Elliot Solar project, which the asset manager is set to break ground on next summer. NIPSCO will then enter into a joint venture to take ownership of the project when it comes online in 2023. The utility has already signed a power purchase agreement (PPA) with Capital Dynamics to offtake 100% of energy produced by the Gibson Solar project in southern Indiana, due to also begin commercial operations in 2023. ....

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New wind and solar agreements add more than 400 MW to NIPSCO energy portfolio

New wind and solar agreements add more than 400 MW to NIPSCO energy portfolio
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