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NiSource reports Q4 EPS 50c, consensus 48c
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NiSource reports Q4 EPS 50c, consensus 48c

The company said, "Northern Indiana Public Service Company (NIPSCO) is actively working with stakeholders toward a settlement in the electric rate case filed on September 19. The case requests for a net incremental revenue increase of $279.2 million to support renewable generation and associated transmission projects, grid modernization and customer-centric improvements. Construction of the Indiana Crossroads Solar and Dunns Bridge Solar I projects is nearing completion, with both projects expected to be in service in the first half of 2023. Construction continues on the Indiana Crossroads II Wind project toward a projected start of commercial operations by the end of 2023. Initial construction work has begun on Dunns Bridge II and Cavalry Solar projects. Gas distribution continues its regulatory execution with rate case settlements approved in Ohio, Pennsylvania and Maryland. Also, a proposed stipulation and recommendation was filed in Virginia and is awaiting a final order."

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