GenCo
A power generation subsidiary of NiSource responsible for operating generation and transmission assets, providing electricity resource portfolios to large load customers.
Timeline (last 90 days)
NiSource's announcement mentions about 1,100 MW of expansion of GenCo's own portfolio, with Microsoft fully funding the generation and transmission facilities needed for its load.
NiSource's October 16 filing with the SEC shows that on October 15 GenCo signed an escrow agreement with Atlas Storage 1, a subsidiary of AGP Group.
GenCo provides charging power at its own expense and has the right to direct dispatch and to receive the economic benefits of available capacity, discharged energy, and other services.
The filing expects the first phase of commercial operation no later than December 1, 2027, and the agreement's effectiveness depends on signing satisfactory engineering, procurement, construction, and grid interconnection agreements before January 31, 2027.
All Facts (4)
NiSource's announcement mentions about 1,100 MW of expansion of GenCo's own portfolio, with Microsoft fully funding the generation and transmission facilities needed for its load.
50%UnverifiedGenCo provides charging power at its own expense and has the right to direct dispatch and to receive the economic benefits of available capacity, discharged energy, and other services.
50%UnverifiedNiSource's October 16 filing with the SEC shows that on October 15 GenCo signed an escrow agreement with Atlas Storage 1, a subsidiary of AGP Group.
50%UnverifiedThe filing expects the first phase of commercial operation no later than December 1, 2027, and the agreement's effectiveness depends on signing satisfactory engineering, procurement, construction, and grid interconnection agreements before January 31, 2027.
50%