NiSource (NI) Lands Microsoft Power Deal As Its Undervalued Case Faces A Real Test

NiSource (NI) just locked in a 20 year power deal with Microsoft, tied to the tech giant’s northwest Indiana data center campus and centered on GenCo funded generation and grid upgrades. Recent trading suggests investors are warming to this NiSource story. The stock’s 1 month share price return of 4.97%, plus a 7 day gain of 4.71%, sits against a 90 day share price decline of 7.18%. A 5 year total shareholder return of 100.44% points to strong longer run compounding. Scan similar grid and...