NiSource wins regulatory approval for Amazon data center power deal in northern Indiana

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NiSource has received approval from the Indiana Utility Regulatory Commission for key agreements supporting its partnership with Amazon to power new data center developments in northern Indiana. In a separate order, the IURC also cleared NiSource’s proposed power generation projects, including combined-cycle gas turbine plants and battery energy storage systems, to help meet growing electricity demand from large-scale data centers while maintaining grid reliability. The approvals advance NiSource’s strategy to accommodate large-load growth while shielding existing customers from the costs of serving new data center demand. As part of the settlement, parties committed to supporting expedited review processes for future agreements, aiming to strengthen the partnership model’s speed-to-market advantage and attract further technology investments. NiSource shares were down 1.30 percent at $47.00 in pre-market trading on the New York Stock Exchange.

Impact on stocks 2

Energy Transition & Power Demand▲ · 1 stocks
NiSource Inc
NI
▲ PositiveRegulationrelevance

NiSource received regulatory approval for key agreements and power generation projects to serve Amazon's data centers, advancing its large-load growth strategy.

Cloud & Digital Infrastructure▲ · 1 stocks
Amazon.com Inc
AMZN
▲ PositiveDemandrelevance

Amazon's data center expansion in Indiana is facilitated by NiSource's approved power agreements, supporting its cloud infrastructure growth.

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