NiSource Inc. has received approval from the Indiana Utility Regulatory Commission (IURC) for its NIPSCO Generation LLC (GenCo) declination petition. This regulatory milestone is pivotal for the company's strategy to address the surging demand from the data center industry in Northern Indiana.
The GenCo structure is designed to own, build, and manage generation assets specifically for data center and other large load customers. This approval ensures that existing NIPSCO retail customers are protected by separating the costs associated with serving these new, large-scale energy consumers.
This decision provides NiSource with the necessary tools to grow responsibly, offering speed and flexibility for constructing new generation resources. It positions Northern Indiana as a key location for the fast-growing, economically essential data center industry, driving significant value for all stakeholders.
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