NiSource Signs 20-Year Power Deal With Microsoft for 1,100 MW
NiSource signed a 20-year energy agreement to supply Microsoft with roughly 1,100 megawatts of new generation capacity beginning in 2028. NiSource shares rose after the deal.
NiSource NYSE:NI shares rose after the utility signed a 20-year energy agreement with Microsoft NASDAQ:MSFT to supply roughly 1,100 megawatts of new generation capacity beginning in 2028.The deal is another sign of just how much power Big Tech is securing for future data-center expansion.Under the…