By Heera Hari
Publication Date: 2026-10-16 12:51:00
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 NiSource says could deliver $1.75 billion in savings to existing electricity customers.
“Affordability is not separate from economic development; it is a key pillar of our GenCo…
