Federal Order Delays NIPSCO’s R.M. Schahfer Generating Station’s Retirement

MERRILLVILLE, Ind.--(BUSINESS WIRE)--Northern Indiana Public Service Company LLC (NIPSCO) has received a federal order requiring the continued operation of R.M. Schahfer Generating Station beyond its previously scheduled retirement date of Dec. 31, 2025. The order is in effect for 90 days.

“We are reviewing the overall impact to our customers and company and will comply with this order, and any subsequent orders, if received,” said Vince Parisi, NIPSCO President and Chief Operating Officer. “We recognize the importance of both reliability and cost management for our customers, and we will continue to engage with federal, state and local stakeholders as we adapt to evolving regulatory requirements.”

NIPSCO and NiSource remain committed to delivering safe and reliable energy now and in the future.

About NiSource

NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America’s Best Employers for Women and Diversity. Learn more about NiSource’s record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at www.NiSource.com.

The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission (“SEC”).

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