Risk factors
Nisource (NI) risk factors
Item 1A of every Nisource Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors42 risks7 new3 dropped14 reworded
Data center expansion drives massive new financing, infrastructure commitments, and customer concentration risks for NiSource.
Filed Feb 11, 2026 - FY2024 10-K risk factors38 risks
NiSource faces significant operational and financial exposure from managing rapid data center growth, particularly in northern Indiana. The company carries $13,960.3 million in debt and relies heavily on capital execution and regulatory approvals. Execution risks surround coal plant retirements and complex joint venture arrangements.
Filed Feb 12, 2025