On May 14, 2015, NiSource and CPG outlined their respective post-separation business strategies and growth outlooks while confirming additional details of the planned separation. The separation remains on track for July 1, 2015, with CPG expected to be trading on its own the following day. Click read more below for access to the webcast replays, presentation slides and news release.
On April 30, 2015, NiSource reported net operating earnings from continuing – controlling interest (non-GAAP) of $268.3 million, or $0.85 per share. Its planned separation of Columbia Pipeline Group remains on track for July 1, 2015. Click the read more link below for complete details, including the full press release, webcast replay and supplemental slides.
On Feb. 11, Columbia Pipeline Partners (a NiSource company) announced the closing of its initial public offering of 46,811,398 common units representing limited partner interests in the Partnership at $23.00 per common unit. In addition to the common units issued at closing, 7,021,709 common units were issued pursuant to the full exercise of the underwriters' option to purchase additional common units at the initial public offering price.