NiSource signs long-term power deal with Alphabet, expands Amazon agreement

NiSource signed a long-term energy supply agreement with an Alphabet unit to support a large data center in northern Indiana. The deal signals incremental demand for utility power infrastructure and a positive long-duration customer relationship, though no financial terms were disclosed. The news is constructive for NiSource and underscores continued investment tied to data-center growth.

Analysis

NiSource signed a long-term energy supply agreement with an Alphabet unit to support a large data center in northern Indiana. The deal signals incremental demand for utility power infrastructure and a positive long-duration customer relationship, though no financial terms were disclosed. The news is constructive for NiSource and underscores continued investment tied to data-center growth.