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StocksMediumUpdated×3•Originally published 16 April 2026•Updated 18 April 2026•

1 min read

NiSource Partners with Google and Amazon to Power Indiana Data Centers

Key Facts

1NiSource signed energy infrastructure agreements with Google and Amazon to support new data centers in Indiana.

about 2 months ago

Version History

Version 3about 2 months ago

What changed: Added the specific timeline for energy delivery (Summer 2026) and clarified the scope of Google's data center campus developments in Indiana.

Version 2about 2 months ago

What changed: Specified that data centers are dedicated to AI infrastructure, introduced the 'GenCo' model as the deal vehicle, and added context on the projected 220% surge in global power demand.

Version 1about 2 months ago

What changed: Updated the story to include details on the projected $1.25 billion in savings and residential cost reductions, while adding concerns about financial strength and insider selling activity.

NiSource (NI) has announced strategic energy infrastructure agreements with Google and Amazon to support AI data centers in Indiana, with projected total savings of $1.25 billion. Energy delivery for Alphabet's northern Indiana data center is expected to commence in the summer of 2026, following an agreement signed through an Alphabet subsidiary. Currently, Google is developing two separate data center campuses in Indiana to bolster its infrastructure capacity. NiSource is utilizing its 'GenCo' model to facilitate these agreements, ensuring energy provision for AI workloads without raising costs for existing customers. This expansion comes amid projections that global data center power demand will surge 220% by 2030. While surging AI demand remains a primary growth catalyst, emerging concerns regarding the company's financial strength and recent insider selling have kept NiSource's balance sheet under investor scrutiny.