January 2, 2026–Written by John Egan for IIR News (Sugar Land Texas)–What a difference a year, and artificial intelligence (AI), can make! NiSource Incorporated (Merrillville, Indiana), a holding company for gas and electric utilities in six Midwestern and Mid-Atlantic states, plans to increase capital expenditures (capex) about 45% over the 2026-2030 period, to an estimated $28 billion. Additional capital outlays of up to $2 billion may be made over the 2026-2030 period, the company told investors in its third-quarter 2025 earnings call October 29. A year ago, at yearend 2024, the company’s planned five-year capex budget was about $19.4 billion.
Source link
Ad Banner
Show Comments (0)
Hide Comments (0)
Subscribe
Login
0 Comments
Oldest
