{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-169531","form_type":"8-K","ticker":"NI","cik":"0001111711","company_name":"NISOURCE INC.","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.974132+00:00","generated_at":"2026-06-13T20:35:26.911928+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NiSource sells 19.9% of NIPSCO to Blackstone for $2.15B; reaffirms guidance","bullets":["Blackstone affiliate to acquire 19.9% non-controlling stake in NIPSCO for $2.150 billion; implies NIPSCO equity value of $10.8B.","NiSource retains 80.1% controlling interest; expects closing by end of 2023, subject to FERC approval.","Blackstone commits additional $250M equity to fund pro rata ongoing capital; proceeds to de-lever and fund renewable transition.","NiSource reaffirms 2023 NOEPS guidance $1.54-$1.60, 6-8% growth through 2027, $15B capex plan 2023-2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-169531","json":"https://secwatch.observer/filing/0001193125-23-169531.json","markdown":"https://secwatch.observer/filing/0001193125-23-169531.md","text":"https://secwatch.observer/filing/0001193125-23-169531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1111711/000119312523169531/0001193125-23-169531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1111711/000119312523169531/d448176d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T20:35:26.911928+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e15f3b36d36357eb97f56af72cacd8ec8f7ec4b9","claim":"NISOURCE INC. entered into Purchase Agreement with BIP BLUE BUYER L.L.C. valued at $2.150 billion in cash for 19.9% equity interest (effective 2023-06-17).","evidence_excerpt":"On June 17, 2023, NiSource Inc., a Delaware corporation (“ NiSource ”), along with its wholly-owned subsidiary, NIPSCO Holdings II LLC, a Delaware limited liability company (“ Holdings II ”), entered into a purchase and sale agreement (the “ Purchase Agreement ”) with BIP BLUE BUYER L.L.C., an affiliate of Blackstone Infrastructure Partners, an experienced investor in U.S. infrastructure (the “ Investor ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1111711/000119312523169531/0001193125-23-169531-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"BIP BLUE BUYER L.L.C."},{"label":"Value","value":"$2.150 billion in cash for 19.9% equity interest"},{"label":"Effective","value":"2023-06-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}