All 2003 Releases
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Northern Indiana Public Service Company declares preferred dividends
Dec 4, 2003
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MERRILLVILLE, Ind. --- The directors of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), have declared dividends on the following NIPSCO preferred stocks (AMEX: NIP):
$1.0625 per share on 4-1/4 percent cumulative preferred stock;
$1.12 per share on 4-1/2 percent cumulative pre...
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NiSource Vice Chairman Stephen P. Adik To Retire At Year's End
Nov 24, 2003
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) Vice Chairman Stephen P. Adik announced this morning that he will retire Dec. 31, 2003.
"Although we respect Steve's decision to retire," said Gary L. Neale, chairman, president and chief executive officer of NiSource, "we will miss his integrity, dedication, leadership, strategic insight and...
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NiSource distribution and transmission companies receive awards in EPA Natural Gas STAR Program
Nov 21, 2003
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MERRILLVILLE, Ind. - Columbia Gas Of Ohio, a NiSource company, was recently selected as the natural gas distribution company "Partner of the Year" in the Environmental Protection Agency's (EPA's) 2002 Natural Gas STAR Program. Every year, the EPA chooses a "Partner of the Year" from each of the four natural gas industry sectors: production; gat...
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NiSource Energy Technologies' CHP system recognized for environmental and cost-saving efficiencies
Nov 13, 2003
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MERRILLVILLE, Ind. - NiSource Energy Technologies (NET), a NiSource Inc. (NYSE:NI) subsidiary, installed a combined heat and power (CHP) system at the Angola YMCA, which recently received the Governor's Award for Environmental Excellence.
The award was presented at the 2003 Governor's Conference on the Environment on Oct. 30 at Fort Ha...
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NiSource Inc. names Sistovaris vice president of customer contact centers
Nov 3, 2003
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) - Violet G. Sistovaris has been promoted to the newly created position of vice president of customer contact centers.
Sistovaris will be responsible for operating NiSource's five customer contact centers in Merrillville (IN), Lexington (KY), Springfield (MA), Marble Cliff (OH) and Smithfie...
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NiSource reports earnings
Oct 30, 2003
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MERRILLVILLE, Ind. - Sustained cost containment efforts and lower interest expense contributed to solid earnings from continuing operations for NiSource Inc. (NYSE: NI) for the third quarter of 2003, despite cooler weather during the summer cooling season and increased pension and insurance costs.
NiSource today reported income from co...
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NiSource completes sale of Primary Energy assets
Oct 20, 2003
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MERRILLVILLE, Ind. NiSource Inc. (NYSE: NI) today said that it has closed the previously announced sale of all of the steel-related, inside-the-fence assets of its subsidiary Primary Energy, Inc., to Private Power, LLC, a privately held power development firm backed by American Securities Capital Partners, LLC (ASCP), a New York private equi...
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Indiana Court Of Appeals Upholds NIPSCO Electric Rate Settlement Agreement
Oct 14, 2003
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MERRILLVILLE, Ind. - The Indiana Court of Appeals today upheld the 2002 settlement agreement that has resulted in $55 million per year in credits to electric customers of Northern Indiana Public Service Company (NIPSCO).
The appellate court affirmed in all respects the Indiana Utility Regulatory Commission's (IURC) September 2002 order...
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NiSource names Skaggs to lead regulated revenue focus
Oct 6, 2003
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) has named Robert C. Skaggs, Jr., to the newly created position of executive vice president, Regulated Revenue. Skaggs' organization will be focused on NiSource's key constituencies and will be responsible for: developing regulatory strategies; managing large customer contacts, energy supply services a...
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Dow Jones Sustainability Indexes Include Nisource For Third Consecutive Year
Sep 22, 2003
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MERRILLVILLE, Ind. - For the third consecutive year, NiSource Inc. (NYSE: NI) has earned inclusion in the Dow Jones Sustainability World Indexes (DJSI World), an international benchmark for excellence in economic, environmental and social leadership. NiSource is one of just three U.S.-based utilities and 18 utilities worldwide to make the list, an...
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NiSource completes the sale of Transcom, exits telecommunications business
Sep 15, 2003
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) announced today that it completed the sale of its telecommunications subsidiary, Columbia Transmission Communications Corporation (Transcom), to NEON Communications, Inc., a provider of advanced optical network services in the U.S. Northeast and Mid-Atlantic regions. On July 3, 2003, NiSource's subsi...
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NiSource Completes Sale Of Exploration And Production Business
Aug 29, 2003
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MERRILLVILLE, Ind. - NiSource Inc. today announced that it has closed the previously announced sale of its exploration and production (E&P) subsidiary, Columbia Energy Resources (CER), to Triana Acquisition, LLC, an affiliate of Morgan Stanley Capital Partners. The sale primarily consists of Columbia Natural Resources and its 1.1 trillion cubic fee...
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NiSource Declares Quarterly Common Dividend
Aug 26, 2003
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August 26, 2003
MERRILLVILLE, Ind. - The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common dividend payment of 23 cents per share, payable on Nov. 20, 2003, to shareholders of record at the close of business on Oct. 31, 2003.
About NiSource
NiSource Inc. (NYSE: NI) is a Fortune ...
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NiSource Supports House Task Force For Affordable Natural Gas
Aug 14, 2003
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MERRILLVILLE, Ind. - Aug. 14, 2003 - Robert Skaggs of NiSource provided testimony before the House Task Force for Affordable Natural Gas hearing today, which was hosted by U.S. Congressman Chris Chocola at the South Bend Town Hall. Skaggs is president of NiSource's gas-only distribution companies, with company-wide responsibilities for gas supply....
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NiSource reports earnings
Jul 30, 2003
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MERRILLVILLE, Ind. - Cost containment efforts and lower interest expense contributed to higher income from continuing operations for NiSource Inc. (NYSE: NI) during the second quarter of 2003.
NiSource today reported income from continuing operations of $39.3 million, or 15 cents per share (all per share amounts are basic), for the thr...
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NiSource trims dividend approximately 20 percent
Jul 8, 2003
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) today announced that its Board of Directors has approved a change in dividend policy to support the company's efforts to maintain a strong credit profile, improve cash flow and position the company to deliver improved long-term value to shareholders.
The Board has decided to reduce the commo...
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NiSource Sells Majority Of Assets Of Primary Energy, Inc.
Jul 3, 2003
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July 3, 2003
MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) announced today it has reached an agreement to sell all of the steel-related inside-the-fence assets of its subsidiary Primary Energy, Inc., to Private Power, LLC, a privately held power development firm backed by American Securities Capital Partners, LLC (ASCP), a New York priva...
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NiSource Sells Exploration And Production Assets, Exits Business
Jul 3, 2003
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July 3, 2003
MERRILLVILLE, Ind. - NiSource Inc. (NYSE:NI) today announced that it has reached an agreement to sell its exploration and production (E&P) subsidiary, Columbia Energy Resources, Inc. (CER), to Triana Energy Holdings, Inc., an affiliate of Morgan Stanley Capital Partners. The sale primarily consists of Columbia Natural Resour...
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NiSource declares quarterly common dividend
May 20, 2003
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MERRILLVILLE, Ind. – The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common dividend payment of 29 cents per share following the company’s annual meeting in Richmond, Va. The dividend is payable Aug. 20, 2003, to shareholders of record at the close of business July 31, 2003.
About NiSource
...
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NiSource comments on Moody’s review
May 13, 2003
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MERRILLVILLE, Ind. – NiSource Inc. (NYSE:NI) Chairman, President and Chief Executive Officer Gary L. Neale today expressed disappointment with the decision by Moody’s Investors Service to review NiSource’s credit rating for possible downgrade, but stated that he remained confident NiSource would be able to demonstrate to Moody’s that the compan...
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