NiSource secures 20-year power supply agreement with Microsoft

• NiSource entered a 20-year energy agreement with Microsoft for its northwest Indiana campus, with service expected to start in 2028.
• GenCo's generation portfolio will expand by approximately 1,100 MW; Microsoft will fully fund generation and transmission required to serve its load.
• The agreement increases expected NIPSCO electric customer savings over data center contracts' lifetimes to approximately $1.75 billion from $1.4 billion.
• Expected savings equate to as much as $140 per customer annually, with existing customers protected from costs of serving the data center.
• GenCo also contracted 600 MW of battery storage under a long-term tolling agreement for its portfolio serving multiple large-load customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NiSource Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261015675062) on October 16, 2026, and is solely responsible for the information contained therein.