Sale of a 19.9% Ownership Interest in NIPSCO
BUILDING ON OUR TRACK RECORD OF EXECUTION AND GROWTH
NOEPS*
(GROWTH)
DIVIDEND
(ANNUAL GROWTH)
CREDIT
(FFO/DEBT)
REGULATORY
EXECUTION
OPERATIONAL
EXCELLENCE
(SAFETY, O&M
MANAGEMEMENT,
ETC.)
2021
$1.37
$0.88
-13.5%
We exist to deliver safe, reliable
NiSource | NYSE: NI| nisource.com | ♥M
2022
energy
$1.47
(+7.3%)
$0.94
(+6.8%)
-13.5%
2023
$1.54-$1.60
$1.00
(+6.4%)
Execute Minority
Interest Sale
NIPSCO Electric
Rate Case
Tracking
Mechanisms
2024
2025
that drives value to our customers
2026
Deliver 6-8% Annual NOEPS GROWTH
2027
9-11% Total Shareholder Return
60-70% PAYOUT
Strengthened Balance Sheet to
Achieve 14-16% FFO/DEBT
Continuing to Prioritize Safety while
Optimizing our Long-Term Cost Profile
* Diluted Net Operating Earnings Per Share (Non-GAAP). For the GAAP Diluted Earnings Per Share and the reconciliation of GAAP to non-GAAP diluted earnings per share, see Schedule 1 in the appendix to NiSource's 1Q 2023 Results presentation
Sustained Superior Regulatory Execution
PROGRESS
On track
- Solid 1Q
Results
On track
On track
- Minority
Interest Sale
Announced
On track
- Filed
Electric Rate
Case
Settlement
On track
4View entire presentation