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As utilities risk missing carbon reduction targets, analysts stress need for organizational change

As utilities risk missing carbon reduction targets, analysts stress need for organizational change
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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 measures to non-GAAP

NIPSCO and Capital Dynamics Sign 200-Megawatt Solar Energy Build Transfer Agreement

Share this article Share this article MERRILLVILLE, Ind., April 13, 2021 /PRNewswire/ Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCO president. The addition of Elliot Solar to NIPSCO s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.

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