tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NiSource’s NISPCO receives order delaying R.M. Schahfer station retirement

NiSource’s (NI) Northern Indiana Public Service Company, NIPSCO, has received a federal order requiring the continued operation of R.M. Schahfer Generating Station beyond its previously scheduled retirement date of Dec. 31, 2025. The order is in effect for 90 days. “We are reviewing the overall impact to our customers and company and will comply with this order, and any subsequent orders, if received,” said Vince Parisi, NIPSCO President and Chief Operating Officer. “We recognize the importance of both reliability and cost management for our customers, and we will continue to engage with federal, state and local stakeholders as we adapt to evolving regulatory requirements.”

Claim 70% Off TipRanks This Holiday Season

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1