The company said NIPSCO entered into a data center contract with Microsoft in October 2026 under which it will provide capacity and electricity services, with capacity starting in 2028, rising to 788 MW from 2031, and subject to submission to the IURC for approval.

1. 01

   The company said NIPSCO entered into a data center contract with Microsoft in October 2026 under which it will provide capacity and electricity services, with capacity starting in 2028, rising to 788 MW from 2031, and subject to submission to the IURC for approval.

2. 02

   The company said an storm on August 11, 2026 caused outages to about 375,000 customers. It said it incurred about $216.9 million in storm-related costs in Q3 and capitalized about $162.1 million of that amount.

3. 03

   The company said it plans total capital investments of about $40.0 billion for 2027-2033, allocating $32.0 billion to its existing businesses and $8.0 billion to GenCo.

4. 04

   The company said it issued $500.0 million and $750.0 million of senior unsecured notes in May 2026 and $750.0 million of junior subordinated notes in August. It said its debt-to-capitalization ratio as of September 30, 2026 was 51.3%, within its covenant limit of 70.0%.

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.