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NiSource Secures 20-Year Power Agreement With Microsoft in Indiana

Microsoft has locked in a two-decade energy supply deal with NiSource to power a massive data center campus in Indiana. Starting in 2028, the tech giant will assume responsibility for its own infrastructure costs, a move designed to shield local ratepayers from the financial burden of rapid industrial expansion.

NiSource Secures 20-Year Power Agreement With Microsoft in Indiana

The agreement mandates that Microsoft fully fund the generation and transmission assets necessary to support its substantial electricity load. By shifting these capital requirements away from the utility's broader customer base, NiSource projects significant long-term savings for Northern Indiana Public Service Company clients.

Total savings for existing customers are now estimated at $1.75 billion over the life of all active data center contracts, a notable increase from the $1.4 billion projection made before this partnership. This deal underscores a growing trend of major technology firms directly underwriting the energy infrastructure required to sustain their expanding data center footprints.

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