secwatch.observer — SEC 8-K summary
======================================

Issuer:     NISOURCE INC. (NI)
CIK:        0001111711
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001111711-23-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NiSource Q2 non-GAAP EPS $0.11; raises 2023 guidance to upper half; announces NIPSCO minority sale to Blackstone
--------------------------------------------------------------------------------

- GAAP net income $39.9M ($0.09 diluted EPS) vs $53.2M ($0.12) a year ago; non-GAAP NOEPS $0.11 vs $0.12.
- 2023 non-GAAP NOEPS guidance raised to upper half of $1.54–$1.60 range; long-term 6-8% growth reaffirmed.
- Agreed to sell minority stake in NIPSCO to Blackstone Infrastructure Partners; deal expected by year-end.
- NIPSCO electric rate case final order anticipated August 2023; $800M in renewable investments placed in service.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111711/000111171123000024/0001111711-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111711/000111171123000024/nix-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001111711-23-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer