Tag Archives: Robert Skaggs

It’s A Gas: Columbia Pipeline Group Spinoff From NiSource Set For July 1

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The Summer Of Spinoffs continues on July 1 with NiSource’s(NI) spinoff of the Columbia Pipeline Group(CPGX).  NiSource shareholders as of June 19 will receive one CPGX share on July 1 for every NiSource share held.  Columbia’s new board has already approved ambitious expansion plans.  The company plans to grow EBITDA by 20% annually and dividend by 15% annually… Read More »

For NiSource, Columbia Spinoff Is In The Pipeline

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For nearly four million customers in seven states NiSource (NI) is a utility providing gas and electricity. At the same time, the company operates a large non-regulated gas pipeline, storage and midstream business. In September, the company announced plans to spin off this business as the Columbia Pipeline Group. The company expects that the spinoff will be completed… Read More »