NiSource Inc.: 20-Year Contract with Microsoft and 600 MW Storage Secure Stable Growth
Reading Time: 2 minutes
A 20-year contract with Microsoft secures the power supply of a new data center starting in 2028. The technology company fully finances the grid infrastructure itself, protecting private electricity customers. NiSource expands its portfolio by 1,100 megawatts and an additional 600 megawatts of battery storage. Stable foundation meets new growth NiSource (NI) operates as a regulated U.S. utility with steady revenues. Currently, this business is being accelerated by the high energy demand from the technology sector. The company plans to...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
