Private equity juggernaut Blackstone completes $2.16 billion investment in NIPSCO

The infrastructure unit of New York-based private equity giant Blackstone has completed the acquisition of a just under 20% stake in the Northern Indiana Public Service Company (NIPSCO), the companies said in a Tuesday release.

By: Chicago Tribune

Jan 03 2024
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Rosewater Wind Farm in White County is part of NIPSCO’s transition off coal-powered electricity. The infrastructure unit of New York-based private equity giant Blackstone has completed the acquisition of a just under 20% stake in the Northern Indiana... [4499 chars]