NiSource Reports Q3 2026 Earnings Growth and Extends Long-Term Capital Plan to $40 Billion
NiSource (NI) reported strong third-quarter results for 2026, with consolidated adjusted EPS rising to $0.27 from $0.19 in the prior year period. This growth was fueled by disciplined cost management and increased demand for natural gas and electricity. The company also initiated 2027 adjusted EPS guidance of $2.22 to $2.30 per share, signaling expected double-digit growth. A major highlight is the extension of NiSource's long-term capital plan to a total of $40 billion through 2033. This includes significant investments in infrastructure modernization and supporting large-scale data center loads. Notably, the company signed a 20-year agreement with Microsoft for 1,100 megawatts of capacity starting in 2028, contributing to a growing data center pipeline that has reached 5 gigawatts in signed capacity.
Topics: capital expenditure data center infrastructure earnings report electricity demand financial guidance natural gas
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