NiSource provides natural gas and electric services to about 4 million customers through its utility subsidiaries, Columbia Gas and NIPSCO, across six states. Its main business is delivering energy safely and reliably through local utility networks, managing and maintaining gas pipelines and electric grids, and serving customers with affordable energy. The company differentiates itself by owning and operating essential energy infrastructure and committing to long‑term, steady investments in safety and reliability (about $1.4 billion per year) to meet customer needs for the next 100 years. NiSource also emphasizes community involvement and a large local workforce. The goal is to keep energy safe, dependable, and affordable while expanding and upgrading the energy system to serve customers for the long term.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Merrillville, Indiana
Founded
1912
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Goodwill, community partners help Northwest Indiana families recovering from severe storms. More than 100 families impacted by recent storms to receive Goodwill gift cards and connections tofree community resources. SOUTH BEND, Ind. - As families across Northwest Indiana continue recovering from the recent devastating storms that damaged homes and disrupted lives, Goodwill Industries of Michiana and community partners are stepping in to provide support. Through a collaborative effort with the Porter County Community Foundation, NIPSCO and the NiSource Charitable Foundation, Goodwill is working with local organizations to help families affected by the storms access clothing, household necessities, and other resources during the recovery process. Hilltop House, Boys & Girls Clubs of Greater Northwest Indiana, Meals on Wheels and Family Promise of Porter County will distribute Goodwill gift cards to families experiencing hardship because of the storms. The organizations also will connect families with Goodwill's free programs and services that can provide additional support during and beyond the recovery process. "Our hope is that no one feels alone and that families can be connected with the resources they need to thrive, not just during this devastating time," said Debie Coble, president and CEO of Goodwill Industries of Michiana. "Goodwill is here to support families as they recover and rebuild, and we are grateful to the community partners who are helping us reach people who need assistance." More than 100 families will be selected to receive Goodwill gift cards based on need and while supplies last. The partnership reflects the importance of community collaboration when families face unexpected challenges. "When a disaster affects our neighbors, it takes a community coming together to help families move forward, "Coble said. Families affected by the recent storms who would like to learn more about available assistance and Goodwill's resources can contact Liz Flowers, Goodwill Director of WeConnect, at 574-472-7331
New pastors learn from seasoned priests, lay leaders. A recently-developed program in the Columbus diocese for first-time pastors, including pastors new to the diocese, was held Sept. 15-18. The four-day workshop united veteran pastors and lay leaders with priests undertaking leadership roles in parishes. The program was designed to equip new pastors with skills needed to successfully run a parish. A pastor's work extends beyond the pastoral and spiritual side, often handling management, finances and human resources among other responsibilities. Several lay leaders and senior diocesan staff members offered their wisdom in a series of sessions. "What is beautiful about this program is that it demonstrates the co-responsibility we all share for the mission of evangelization. Experienced priests and pastors, as co-workers with the bishop, mentor younger priests, sharing a lifetime's worth of experience and wisdom. The talents and experience of lay people are utilized to bring the best practices from the world of business and leadership into the life and ministry of priests," Bishop Earl Fernandes said. "Young priests, while being fully rooted in their priestly identity, begin to appreciate the gifts of their elders in the priesthood and the gifts of the laity, who, rather than wanting to replace priests, want our priests to be more effective. When our priests are more effective that translates into growth in holiness, the building up of the Church and the spread of the Gospel." Joe Hamrock, a Westerville St. Paul the Apostle parishioner and former president and CEO of NiSource, parent company of Columbia Gas of Ohio, spoke at the workshop. He and Kevin Lowry, the diocese's senior director for the Office of Finance, shared their experience, speaking about parish operations, finance and budgets. "It wasn't designed to make them financial experts in one day," Hamrock said of his and Lowry's talks. "It's designed to say, 'Here's what your finance council should be helping you to see and understand; here's the things you ought to be tuned into as a pastor,' and it seems like it's been well received so far." Hamrock, now retired, spent decades in the electric and gas utilities industry. He held various roles during his career, including leading technology and customer service teams, companies and as CEO. "In well-run organizations you'll see certain traits,... certain capabilities," he said. "The vision was to bring that insight into the room to help them benefit from that, and at the same time, respecting that the role of a pastor is so distinctly different from the role of a secular leader because they're configured to Christ." Hamrock shared wisdom acquired from leading secular organizations with priests who are new to leading parishes. "I've been through those cycles where it felt overwhelming and felt like I didn't understand what the team was talking about, and I learned that that's not really what leadership is about," he confessed. "Leadership is about inspiring, motivating, bringing out the best in the people that we're blessed and charged to lead, and encouraging them to bring their best. And so, pastors have a wonderful opportunity." Father Dave Young, pastor at Zanesville St. Nicholas and St. Thomas churches, has served at various parishes. He was ordained a priest in 2004 and assigned as pastor shortly after his first assignment at Columbus St. Agatha Church. "When I was first made a pastor, I'd only been ordained a year and a half, and I still had a lot to learn - and I learned quite a bit as a new pastor in my first assignment," Father Young said. "One of the reasons I wanted to be involved in this was to help guys learn those lessons before they were faced with the challenges. When the diocese asked me to be part of this, I felt great conviction." Following his first assignment, he served as pastor at Ada Its Lady of Lourdes, Kenton Immaculate Conception and Reynoldsburg St. Pius X churches before relocating to Zanesville. The veteran priest offered a talk on caring for the self, which includes taking time for prayer, spiritual direction, friendship and renewal. He considered Christ's encounter with the Samaritan woman. The Lord arrived at the well tired and left refreshed. Father Young encouraged new pastors to imitate Christ, to be refreshed and receive God's gifts. Sacrifice is essential, he acknowledged, but priests need to be filled by God to pour themselves out to their flock. "If we are only going to rely on ourselves, we're not going to go far at all. We need Him to fill us up to be the priest He wants us to be," Father Young explained. "We've been rightfully taught that sacrifice is essential to the priesthood, but we have to have something inside to sacrifice." Father Seth Keller, who was ordained a priest in 2020, began his first pastorate this year at Columbus Immaculate Conception Church. He previously spent two years studying in Rome; as parochial vicar at Marion St. Mary, Cardington Sacred Hearts and Columbus St. Cecilia churches and chaplain at Columbus Bishop Ready High School. "There's a lot thrown at you," he admitted of being a pastor. "People have been so kind, so welcoming where I am, at Immaculate Conception; it's been great. "One of the hardest things is just figuring out, okay, what do I do first? There (are) so many things I need to do, and there's other things that would be nice to do - and there's things people are asking me to do. "How do I find what should be done first, and how then do I go about doing those things? So, it's challenging in just the sheer volume of things in the different areas that you're working in." Subsequent workshops for new pastors are set to continue Jan. 12-14, 2027, and April 21-22. As part of the program, they will also meet with mentor priests for a year following the workshops. "This has been helpful because some of these things we knew already or we learned, but now, when you're a pastor, you're actually learning through experience as you see these things happening," Father Keller reflected. "You're able to really apply them in a way you weren't before. "So, even though we had some formation in seminary and some formation on our own throughout our time as a priest, it's different when you're actually the pastor and you see it with new eyes."
NIPSCO and the nisource charitable Foundation funding: $1M to Legacy Foundation. September 14, 2026 The following organizations have been identified to steward contributions into the community to residents impacted by the August 2026 storm events in Lake County: * Salvation Army of Northwest Indiana Support for case management and insurance/FEMA claim navigation 8225 Columbia Avenue, Munster, IN 46321 | 219.838.0380 * Food Bank of Northwest Indiana 6490 Broadway, Merrillville, IN 46410 | 219.980.1777 * Urban League of Northwest Indiana Support for case management and insurance/FEMA claim navigation AVAILABLE NOW3101 Broadway, Gary, IN 46409 | 219.887.9621 * CoAction (in partnership with Legacy Foundation) Weatherhead repair and disaster kits 219.736.1880 https://legacyfdn.org/community-programs/individual-assistance/ * Meals on Wheels of Northwest Indiana Support through emergency food and hot meals 8446 Virginia St., Merrillville, IN 46410 | 219.756.3663 * Center for Workforce Innovations Work BIG program for Gary: Workforce skill training program Apply at cwicorp.com/workbig | 219.266.6229 | wo*****@*****rp.com * Township Trustee Offices Fuel and grocery gift cards Calumet Township, Gary: 219.880.4000 Cedar Creek Township, Lowell: 219.696.9713 Center Township, Crown Point: 219.663.0250 Eagle Creek Township, Hebron: 219.996.4572 Hanover Township, Cedar Lake: 219.374.7443 Hobart Township, Hobart: 219.942.0055 North Township, Hammond: 219.932.2530 Ross Township, Merrillville: 219.769.2111 St. John Township, Schererville: 219.865.2705 West Creek Township, Lowell: 219.696.9432 Winfield Township, Crown Point: 219.663.7027 NIPSCO COMMUNITY RECOVERY GRANT $250,000 for relief services and recovery efforts up to $10K. Applications open now through Legacy Foundation. Local nonprofits and qualifying organizations focused on community Recovery can apply at https://legacyfdn.org/nonprofits/apply-for-a-grant Contact the Legacy Foundation By phone: 219.736.1880 By email: LE****@*******DN.ORG On the web: unflc.net NORTHWEST INDIANA - Registration for Franciscan Health's Strong, Healthy, Empowered (SHE) Women's Health Conferences is now open. "SHE is designed to create opportunities for women... MUNSTER, IN - After a challenging August that tested communities across Northwest Indiana, Humane Indiana is inviting families, friends, and animal lovers to come together... The Methodist Hospitals Foundation is pleased to announce the appointment of Suchita Shah and Sarah Pomponi to its Board of Directors. Shah and Pomponi join... CROWN POINT, Ind. - September 01, 2026 - St. Jude House has launched Hope Lives Here: Building New Beginnings Through Transitional Housing, a campaign seeking to... HAMMOND and WESTVILLE, Ind. - Purdue University Northwest's (PNW) undergraduate program in Elementary Education has once again earned national recognition for excellence in preparing future educators... WASHINGTON - In response to a Presidential disaster declaration issued Aug. 25, the U.S. Small Business Administration announced the availability of low interest disaster loans for Indiana...
NiSource has completed a $750 million debt offering, pricing 6.250% junior subordinated notes due 2057. The sale closed on 18 August 2026. The notes carry a 6.250% annual interest rate through April 2032, after which the rate will reset every five years to the Five-year US Treasury Rate plus 1.930%, with a 6.250% floor. Interest payments occur semi-annually beginning April 2027. The notes are unsecured and subordinated to all of NiSource's senior indebtedness. The company will use proceeds for general corporate purposes, including financing capital expenditures, working capital, and repaying existing debt. The notes include an optional interest deferral feature, allowing NiSource to defer interest payments for up to 20 consecutive semi-annual periods under certain conditions.
NiSource finalizes $750M Junior Subordinated Notes offering with 6.25% Fixed-to-Fixed Reset Rate. On August 18, 2026, NiSource Inc. announced via Form 8-K the completion of a $750 million issuance of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes maturing in 2057, with the transaction closing on the same day. Key highlights. * Offering amount: $750 million aggregate principal of Junior Subordinated Notes due 2057. * Initial interest rate: 6.250% annually from August 18, 2026, through April 14, 2032 (the "First Reset Date"). * Rate reset terms: Post-First Reset Date, interest resets each period to the Five-year U.S. Treasury Rate plus 1.930%, with a minimum floor of 6.250% per annum. * Interest payment schedule: Semi-annual payments in arrears on April 15 and October 15, starting April 15, 2027. * Maturity: April 15, 2057. * Lead underwriters: Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC. * Use of proceeds: General corporate purposes including capital expenditures, working capital, and repayment of existing debt, as detailed in the filing. NiSource launches $750 million Junior Subordinated Notes with Fixed-to-Fixed Reset Rate. NiSource Inc. (NYSE:NI), headquartered in Merrillville, Indiana, and incorporated in Delaware, confirmed the closing of a $750 million debt offering on August 18, 2026. The Terms Agreement was executed on August 13, 2026, involving five lead underwriters. The Notes were issued under NiSource's Registration Statement on Form S-3 (File No. 333-291167) and governed by a Subordinated Indenture dated May 16, 2024, with The Bank of New York Mellon as trustee, supplemented by a Fourth Supplemental Indenture dated August 18, 2026. The Notes feature a Fixed-to-Fixed Reset Rate structure: a fixed interest rate of 6.250% per annum applies through April 14, 2032, after which the rate resets each period based on the Five-year U.S. Treasury Rate plus 1.930%, subject to a 6.250% annual floor. NiSource retains the option to defer interest payments for up to 20 consecutive semi-annual periods per deferral, provided no default event has occurred. During deferral periods, the company generally cannot declare dividends, redeem or repurchase capital stock, or make payments on equally ranked or subordinated indebtedness. Optional redemption rights are available during specified timeframes and triggered by certain rating changes, tax events, or tax credit occurrences, as outlined in the prospectus supplement dated August 13, 2026. McGuireWoods LLP provided legal opinions on validity and tax matters. The filing was signed by Shawn Anderson, Executive Vice President and Chief Financial Officer. Disclosure summary. NiSource disclosed the closing of a $750 million Junior Subordinated Notes offering due 2057, featuring an initial 6.250% interest rate with a reset mechanism starting April 15, 2032. The proceeds will support general corporate needs, including capital expenditures and debt repayment.