Brief: Nisource Announces Results Of Its Business Review, Long-Term Growth Plan And 2040 Net Zero Goal

NiSource

07/11/2022 11:50

Nov 7 (Reuters) - NiSource Inc  NI.N :
    * NISOURCE ANNOUNCES RESULTS OF ITS BUSINESS REVIEW,
TOP-TIER
LONG-TERM GROWTH PLAN AND 2040 NET ZERO GOAL
    * NISOURCE INC - PURSUING SALE OF MINORITY STAKE IN NIPSCO
TO
STRENGTHEN BALANCE SHEET AND PROVIDE FINANCING FLEXIBILITY
    * NISOURCE - EXTENDED GROWTH PLAN EXPECTED TO PRODUCE
SUSTAINABLE
ANNUAL GROWTH RATE OF 6-8% IN NET OPERATING EARNINGS PER SHARE
FROM 2021 THROUGH 2027
    * NISOURCE INC - EXTENDED GROWTH PLAN INCLUDES APPROXIMATELY
$15
BILLION IN INVESTMENTS FROM 2023 THROUGH 2027
    * NISOURCE-PROPOSED MINORITY SALE, WHEN COMPLETED, EXPECTED
TO
MINIMIZE FUTURE EXTERNAL CAPITAL MARKET NEEDS, TO ELIMINATE
EQUITY NEEDS UNTIL AT LEAST 2025

Source text for Eikon:  ID:nPncdlNC7a 
Further company coverage:  NI.N 
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