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| BIRMINGHAM MELODYEVP & Grp President, Utilities | Sell | 37,509 | $1.6M | Fri, Aug 14 |
NI's Q3 earnings may have benefited from rising load growth, data center demand, new utility rates and infrastructure investments, backed by cost discipline.
NiSource is scheduled to report its fiscal third-quarter results this week, and analysts are anticipating low-double-digit growth in earnings.
NiSource is poised to keep expanding its data-center power business.
NiSource (NI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NiSource has nearly doubled shareholders' money over the past five years. Today the key issue is whether that kind of share price journey still lines up with what its dividend stream can justify.
NiSource announced a long term 20 year energy agreement with Microsoft for a northwest Indiana data center campus, with Microsoft fully funding about 1,100 MW of new generation and related transmission.
NiSource (NI) just locked in a 20 year power deal with Microsoft, tied to the tech giant’s northwest Indiana data center campus and centered on GenCo funded generation and grid upgrades. Recent trading suggests investors are warming to this NiSource story.
Microsoft (MSFT:NASDAQ) just locked in electricity for an Indiana data-center campus two years before the power arrives.
NiSource’s new 20-year power agreement with Microsoft is expected to lift projected savings for NIPSCO electric customers to $1.75 billion across data-center contracts, alongside plans to add generation and battery-storage capacity.
NiSource Inc. (NYSE:NI) has entered into a 20-year energy agreement with Microsoft Corporation (NASDAQ:MSFT) to supply approximately 1,100 megawatts (MW) of generation resources to a data centre campus in northwest Indiana.