NiSource announces agreement to sell minority equity interest in NIPSCO to strengthen financial foundation and support sustainable, long-term growth
Press release by NiSource Inc.: Blackstone Infrastructure Partners affiliate agrees to acquire 19.9% non-controlling equity interest in NIPSCO for $2.150 Billion, with additional equity commitment of $250 million to fund ongoing capital requirements. Blackstone invests alongside NiSource in NIPSCO to fund the energy transition and accelerate the reindustrialization of the Midwest. NiSource reaffirms commitment to Indiana and to its consolidated credit, earnings and growth commitments through 2027. MERRILLVILLE, Ind., June 20, 2023 /PRNewswire/ -- 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
