08:05 AM EDT, 10/31/2025 (MT Newswires) -- NiSource Inc ( NI ) said Friday that it has launched a $1.5 billion "at-the-market" equity offering program under which it can issue and sell shares of its common stock through Dec. 31, 2028.

The utility company said it plans to use any proceeds from the sales for general corporate purposes, including financing capital expenditures, repaying existing indebtedness, and working capital.

The offering replaces a $900 million "at-the-market" equity offering that was established in February of 2024, and includes approximately $47.5 million of the company's shares that went unsold during the offering.