COVID Stimulus Watch Individual Entry

Recipient Company:

NiSource Inc

Loan or Loan Guarantee Amount:

$4,016,023

Recipient Details

Ownership Structure: publicly traded (ticker symbol NI)

Award Date: Oct 8, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: NiSource

Headquartered in: Indiana

Parent Sector: utilities and power generation

Parent Industry: energy generation

Employees (prior to pandemic): 8,363

Employment-related Penalties: $1,027,210

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $619,825,625

Consumer Protection / Financial / Competition-related Penalties: $56,005,000

Ratio of CEO Pay to that of Median Worker: 60 to 1

CEO Compensation: $6,628,690

Worker Median Pay: $110,318

Total Federal, State, and Local Subsidies: $52,699,298