---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-259363"
form_type: "8-K"
ticker: "NI"
cik: "0001111711"
company_name: "NISOURCE INC."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:04:47.997437+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FERC approves NiSource's sale of 19.9% NIPSCO stake to Blackstone

## Summary
- FERC granted approval for Blackstone affiliate to acquire 19.9% equity in NIPSCO Holdings II LLC.
- NiSource will retain 80.1% ownership; transaction expected to close by year-end 2023.
- NiSource CFO says deal strengthens balance sheet and supports robust capex program.
- FERC approval was the only regulatory approval required for the transaction.

## SEC filing metadata
- accession: 0001193125-23-259363
- form_type: 8-K
- ticker: NI
- cik: 0001111711
- company_name: NISOURCE INC.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111711/000119312523259363/0001193125-23-259363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111711/000119312523259363/d506936d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-259363
- JSON: https://secwatch.observer/filing/0001193125-23-259363.json
- Plain text: https://secwatch.observer/filing/0001193125-23-259363.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.