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NiSource
NiSource

Energy / Utilities and natural gas services

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Company Overview

General information about the NiSource company
NiSource is a Fortune 500 company that operates in the energy sector, with a focus on delivering natural gas and electricity to customers in the Midwest and Northeast regions of the United States. The company’s headquarters are located in Merrillville, Indiana.
History
NiSource can trace its roots back to 1912 when it was first established as Northern Indiana Oil and Gas Company. Over the next several decades, the company expanded its operations and changed its name to Northern Indiana Public Service Company (NIPSCO) in 1943. In 1987, the company merged with Columbia Energy Group and became Columbia Energy Corporation.
In 2000, the company changed its name to NiSource Inc. and began a major restructuring to focus on its energy businesses. This restructuring included the sale of its Columbia Gas Transmission business, which was completed in 2005. Since then, NiSource has continued to grow and expand through acquisitions and strategic partnerships.
Business operations
NiSource operates two main business segments – Gas Distribution and Electric Operations. Its Gas Distribution segment includes regulated natural gas distribution operations in seven states, serving approximately 3.5 million customers. Its Electric Operations segment includes regulated electric generation, transmission, and distribution operations in Indiana and Ohio, serving approximately 500,000 customers.
In addition to its core operations, NiSource also has an energy infrastructure and technology services business, which provides natural gas storage and pipeline services, as well as energy efficiency and renewables projects.
Sustainability efforts
NiSource is committed to sustainability and has set a goal to reduce its carbon emissions by 90% by 2030. The company has invested in renewable energy projects, such as wind and solar, and also continues to modernize its natural gas infrastructure to reduce methane emissions.
In addition, NiSource has implemented various energy efficiency and conservation programs for its customers and has a strong focus on community engagement and support through its NiSource Charitable Foundation.
Overall, NiSource strives to be a responsible and sustainable company that delivers reliable energy to its customers and contributes positively to the communities it serves.
What is special about the NiSource company?
1. Diverse portfolio: NiSource is a Fortune 500 company and one of the largest fully-regulated utility companies in the United States. It operates a diverse portfolio of energy infrastructure, including natural gas pipelines, storage, and electric generation.
2. Long-standing history: NiSource has a long-standing history that dates back to the mid-1800s. The company has weathered many challenges and has evolved to become a leader in the energy industry.
3. Commitment to safety and sustainability: NiSource is committed to operating safely and sustainably. The company invests heavily in infrastructure upgrades and maintenance to ensure the safety of its customers, employees, and the environment.
4. Customer focus: NiSource puts its customers at the center of all its operations. The company strives to provide reliable, affordable, and sustainable energy solutions to meet the evolving needs of its customers.
5. Community involvement: NiSource is actively involved in the communities it serves. The company supports local initiatives and charities, partners with local organizations, and encourages employee volunteerism.
6. Industry recognition: NiSource has been recognized by various organizations for its excellence in operations, safety, and sustainability. The company has received numerous awards and accolades for its commitment to these areas.
7. Employee development: NiSource values its employees and invests in their development through training and career development programs. The company also promotes diversity and inclusivity in its workforce.
8. Innovative technologies: NiSource is at the forefront of using innovative technologies to improve its operations. This includes the use of advanced analytics, smart grid technology, and renewable energy sources.
9. Financial stability: NiSource has a strong financial track record, which has enabled it to grow and expand its business. This provides assurance to its customers, employees, and investors.
10. Focus on the future: NiSource is continuously looking ahead and planning for the future. The company is committed to finding new and sustainable ways to meet the energy needs of its customers while reducing its environmental impact.

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