NiSource Reaffirms 2026-2033 EPS Growth, $28.6B Capex Plan
Aug 5, 2026, 6:36 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Guidance reaffirmation plus a large, regulated capex plan and meaningful data-center partnerships reduce downside risk and offer upside potential if execution meets targets; prior examples show utilities often re-rate on durable rate-base growth and contracted cash flow.
AI summary
What happened, with direct paths to the underlying reporting
NiSource reaffirmed 2026 non-GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and a 9%-10% CAGR through 2033. The company also disclosed a $28.6B capex plan through 2030 and $1.4B in savings from Amazon and Alphabet data-center contracts, signaling stronger cash flow and regulated cost recovery potential ahead.
Reaffirms 2026 non-GAAP adjusted EPS guidance of $2.02-$2.07.
Guidance implies 9%-10% CAGR from 2026-2033.
$28.6B capital plan for 2026-2030, including data center investments.
$1.4B in savings for existing customers via Amazon and Alphabet contracts.
Q2 2026 GAAP net income $45.5M; six months $556.2M; non-GAAP EPS $0.16 for Q2.
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