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News 2026-10-16 11:03 UTC

NiSource unit signs $2.2 billion battery storage deal with Atlas Storage

NiSource subsidiary NiSource Generation entered a Battery Storage System Tolling Agreement with AGP Group subsidiary Atlas Storage 1 on October 15, 2026. Aggregate storage payments are expected at approximately $2.2 billion over 20.5 years, with the agreement accounted for as a finance lease obligation. The 600 MWAC /