All 2005 Releases
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Massachusetts Regulators Grant New Base Rates
Nov 30, 2005
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Westborough, Mass. – November 30, 2005 — The Massachusetts Department of Telecommunications and Energy (DTE) has issued an order allowing Bay State Gas Company, a subsidiary of NiSource Inc. (NYSE: NI), to increase total base rate revenues by 2.3% percent or $11.1 million based on an allowed annual return on equity (ROE) of 10%....
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Massachusetts Regulators Grant New Base Rates for Bay State Gas Company
Nov 30, 2005
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Westborough, Mass. – November 30, 2005 — The Massachusetts Department of Telecommunications and Energy (DTE) has issued an order allowing Bay State Gas Company, a subsidiary of NiSource Inc. (NYSE: NI), to increase total base rate revenues by 2.3% percent or $11.1 million based on an allowed annual return on equity (ROE) of 10%.
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NiSource redeems Columbia Energy Group notes
Nov 30, 2005
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MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today completed as planned the redemption of $1.1 billion of Columbia Energy Group (CEG) senior unsecured notes.
The refinancing of the CEG debt is expected to yield more than $19 million in interest cost savings annually beginning in 2006. In addition, the discontinuation of amorti...
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NiSource reports third-quarter results
Nov 4, 2005
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MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today announced net operating earnings, a non-GAAP financial measure which NiSource defines as income from continuing operations determined in accordance with Generally Accepted Accounting Principles (GAAP) adjusted for certain items, were $16.5 million, or 6 cents per share (all per-share amoun...
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Federal regulators approve NiSource, Piedmont gas storage project Hardy Storage Company, LLC, to help meet eastern U.S. energy needs
Nov 1, 2005
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MERRILLVILLE, Ind., and CHARLOTTE, N.C. – On November 1, 2005, the Federal Energy Regulatory Commission (FERC) issued a certificate authorizing Hardy Storage Company, LLC, (Hardy Storage) to develop a new underground natural gas storage field to help meet increased demand for natural gas in the eastern United States.
Hardy Stor...
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NiSource schedules earnings release and conference call for Friday, Nov. 4, 2005
Oct 25, 2005
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) announced today that it will host an analyst conference call at 10 a.m. EST (9 a.m. CST) on Friday, Nov. 4, to review its third-quarter 2005 financial results and provide a business update.
NiSource's third-quarter 2005 earnings will be released before the conference call on Nov. 4. All in...
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NiSource Completes 2005 Refinancing Plan with $1 Billion Issue
Sep 19, 2005
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) last week completed the issue of $1 billion of notes in a public offering, the final action in a year of refinancing of $2.4 billion in long-term debt that is expected to result in interest expense savings of more than $43 million annually beginning in 2006.
"The completion of our refinan...
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Zimmerman to retire as human resources officer of NiSource
Aug 26, 2005
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MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today announced that S. LaNette Zimmerman, executive vice president, Human Resources and Communications, has elected to retire from the company effective Dec. 31, 2005.
Zimmerman joined NiSource in 2000 as the company completed its merger with Columbia Energy Group. Her many accompli...
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NiSource enters into agreement for private placement of $900 million of senior notes
Aug 25, 2005
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MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today announced it has entered into a definitive agreement with institutional investors providing for the sale of $900 million of the company's unregistered senior notes. NiSource will use the proceeds from the transaction to refinance a portion of $1.1 billion of Columbia Energy Group (CEG) s...
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Northern Indiana Public Service Company declares preferred dividends
Aug 23, 2005
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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:
$1.0625 per share on 4-1/4 percent cumulative preferred stock;
$1.13 per share on 4-1/2 percent cumulative preferred ...
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NiSource declares quarterly common dividend
Aug 23, 2005
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MERRILLVILLE, Ind. - The board of directors of NiSource Inc. (NYSE: NI) has declared a quarterly common dividend payment of 23 cents per share, payable on Nov. 18, 2005, to shareholders of record at the close of business on Oct. 31, 2005.
About NiSource
NiSource Inc. (NYSE: NI), based in Merrillville, Ind., is a For...
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Consolidated Edison, KeySpan sign on as Millennium anchor shippers
Aug 2, 2005
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FAIRFAX, Va., August 2, 2005 – Major Northeast utilities Consolidated Edison and KeySpan will be anchor shippers on Phase 1 of the new Millennium natural gas pipeline, according to the project's certificate amendment filing submitted to the Federal Energy Regulatory Commission (FERC) Monday (Aug. 1).Millennium's FERC filing include...
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NiSource reports second-quarter earnings
Jul 28, 2005
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July 28, 2005
MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today reported income from continuing operations for the three months ended June 30, 2005, of $7.9 million, or 3 cents per share (all per-share amounts are basic), compared with income from continuing operations of $35.5 million, or 13 cents per share, for the second quar...
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NiSource schedules earnings release and conference call for Thursday, July 28
Jul 20, 2005
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) announced today that it will conduct an analyst conference call at 9:30 a.m. EDT (8:30 a.m. CDT) on Thursday, July 28, to review its second quarter 2005 financial results and provide a business update.
NiSource's second quarter 2005 earnings will be released before the conference call on...
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NIPSCO Focused on Maintaining System Reliability and Providing Customers with a Reliable Supply of Power
Jul 15, 2005
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July 15, 2005
MERRILLVILLE, IND. - An independent third-party study, and an interim order issued July 1 by the Indiana Utility Regulatory Commission (IURC), have both indicated that reliability concerns raised by Northern Indiana Public Service Company (NIPSCO) are valid, and that steps need to be taken to address those concerns.
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Leehr named Millennium Pipeline president
Jul 6, 2005
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FAIRFAX, Va., July 6, 2005 - Millennium Pipeline's renewed development efforts took another major step forward today with the naming of veteran energy industry executive Dick Leehr as president. Leehr will oversee execution of Millennium's phased development strategy for bringing much-needed new supplies of natural gas to New York and the U.S...
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NiSource and IBM sign agreement to transform key business process and technology functions
Jun 21, 2005
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MERRILLVILLE, IN and ARMONK, NY - NiSource Inc. (NYSE: NI) and IBM (NYSE: IBM) today announced that they have reached a definitive agreement for IBM to provide a broad range of business transformation and outsourcing services to NiSource. IBM will begin service delivery on July 1, 2005.
The 10-year agreement is estimated to be wor...
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Millennium announces open season to finalize capacity on new Northeast pipeline
Jun 13, 2005
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FAIRFAX, Va., June 13, 2005 - Millennium Pipeline today launched an open season to finalize capacity commitments on its new natural gas pipeline system designed to meet growing energy needs in the U.S. Northeast.
"As the first new natural gas pipeline into the Northeast in more than a decade, market interest in Millennium has remaine...
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NiSource's EnergyUSA-TPC gains FERC acceptance of utility power bid
May 31, 2005
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) today announced that the Federal Energy Regulatory Commission (FERC) has accepted proposed terms for NiSource's EnergyUSA®-TPC subsidiary to provide intermediate dispatchable power to Northern Indiana Public Service Company (NIPSCO).
Approval from the Indiana Utility Regulatory Commissi...
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NiSource Transitions Chief Executive Officer Position to Robert C. Skaggs, Jr.
May 10, 2005
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MERRILLVILLE, Ind. - NiSource Inc. (NYSE: NI) announced today that, effective July 1, 2005, Robert C. Skaggs, Jr., NiSource President, will assume the additional responsibilities as NiSource Chief Executive Officer. Skaggs will succeed Gary L. Neale who will retire June 30, 2005 as CEO, but will continue to serve as Chairman of the NiSource ...
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