NiSource achieves IURC regulatory approval for GenCo strategy

NiSource (NI) has received Indiana Utility Regulatory Commission’s approval for its NIPSCO Generation, or GenCo, declination petition. GenCo is designed to own, build and manage generation assets to serve the growing data center industry in Northern Indiana. GenCo was created to shield NIPSCO’s existing retail customers from costs associated with serving new data center customers. By operating as a separate entity, GenCo is best positioned to meet the demands of new data center customers.