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November 22, 2024
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FERC Allows Blackstone Subsidiary to Purchase 20% Stake in NIPSCO
Christie Says Sale Warrants Renewed FERC Scrutiny into Asset Firm Transactions
NIPSCO plans to shutter its Michigan City Generating Station in the 2026-2028 timeframe
NIPSCO plans to shutter its Michigan City Generating Station in the 2026-2028 timeframe | © RTO Insider LLC
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A Blackstone subsidiary is free to acquire an almost 20% stake in Northern Indiana Public Service Co. after FERC’s consent.
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