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A Look at NiSource’s Capital Investments in 2016

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Nov. 20 2020, Updated 3:33 p.m. ET

NiSource’s capital investments

Following the spin-off of its pipeline business, NiSource’s (NI) utility rate base is valued at nearly $8 billion. The company is targeting a $10 billion rate base, combining gas (UNG) and electric infrastructure through active investments over the next several years.

NiSource is expected to invest $1.4 billion on its gas distribution and electric infrastructures in 2016.

Rate base is the value of the property on which a utility (VPU) is allowed to earn a specific rate of return according to the rules set by regulators.

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