NiSource Secures Regulatory Approval for Amazon and Alphabet Data Center Deals

NiSource Inc., a regulated utility company, has secured regulatory approvals for special data center contracts with Amazon and Alphabet. These agreements are expected to deliver significant savings for existing customers.

The new deals do not materially change NiSource's near-term picture, but the company is tying its long-term regulated utility growth to the expanding power needs of data centers and broader grid modernization.

NiSource's 2026 consolidated adjusted earnings guidance has been reaffirmed, despite a year-over-year decline in second-quarter earnings. The company is investing heavily in grid and gas system modernization while gradually aligning with large-scale data center demand.