By Heera Hari
Publication Date: 2026-10-16 12:51:00
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.
- Microsoft is expected to begin taking electricity service in 2028 under a 20-year agreement for its planned northwest Indiana campus.
- NiSource plans to add approximately 1,100 MW of generation resources, with Microsoft fully funding the generation and transmission infrastructure required to serve its electricity demand.
- NI is scheduled to report its third-quarter 2026 earnings on October 28, with analysts expecting earnings of approximately $0.21 per share on revenue of $1.35 billion.
Ni Source inc. (NI) shares were in focus on Friday after the utility announced a long-term energy agreement with Microsoft (MSFT) for its planned northwest Indiana campus. Its new 20-year agreement for the planned campus is expected to contribute to a broader strategy that…
