NiSource
NiSource Inc. is a prominent energy holding company based in Merrillville, Indiana, primarily engaged in the regulated natural gas and electric utility sectors. The company operates through two key segments: Gas Distribution Operations and Electric Operations. It serves approximately 3.5 million natural gas customers and around 476,000 electricity customers across seven states, including Ohio, Pennsylvania, Virginia, Kentucky, Maryland, and Massachusetts. NiSource provides natural gas service and transportation for residential, commercial, and industrial clients, alongside generating, transmitting, and distributing electricity. The company owns a diverse generation portfolio, which includes coal-fired power plants, combined cycle gas turbines, gas-fired generating units, and hydroelectric facilities, totaling over 3,000 megawatts of capacity. With a commitment to enhancing energy infrastructure, NiSource invests approximately $1.4 billion annually to ensure reliable service for its customers. Founded in 1847 and originally known as NIPSCO Industries, Inc., NiSource has been dedicated to safe and dependable energy delivery for over a century.
Top Stages
3 past transactions
Energy Capital Ventures
Venture Round in 2021
Energy Capital Ventures, founded in 2020 and based in Chicago, is a venture capital investment firm dedicated to the natural gas industry. It uniquely focuses on the environmental, social, and governance (ESG) imperatives and the digital transformation within this sector. The firm emphasizes innovation in green molecules, setting itself apart through customized engagement with its strategic limited partners, which consist exclusively of publicly traded utilities. This approach positions Energy Capital Ventures as a pivotal platform for fostering innovation, effectively connecting the technological advancements of the start-up ecosystem with the operational scale of the natural gas industry.
Purdue University Northwest
Grant in 2018
Purdue University Northwest, in the land grant tradition of learning, discovery and engagement, provides high quality, affordable undergraduate and graduate education to students of Northwest Indiana and beyond. We create a welcoming environment that promotes critical inquiry through experiential learning, faculty scholarship, civic engagement and community partnerships.
Columbia Energy Group
Acquisition in 2000
Columbia Energy Group, based in Herndon, Va., is one of the nation's leading energy services companies.
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