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NEWS FOR IMMEDIATE RELEASE August 4 , 2021 FOR ADDITIONAL INFORMATION Media Dave Rau Corporate Media Relations ( 614 ) 493-8657 drau@nisource.com Investors Randy Hulen VP , Investor Relations and Treasurer ( 219 ) 647-5688 rghulen@nisource.com MiSource® NiSource Reports Second Quarter 2021 Results WWW.NISOURCE.COM Christopher Turnure Director , Investor Relations ( 614 ) 404-9426 cturnure@nisource.com Renewable generation transition remains ahead of original schedule with planned retirements , and now has Indiana regulatory approval of all renewable joint venture projects included in its estimated $ 2 billion investment Safety , asset modernization and customer affordability remain top priorities NiSource remains on track to achieve 2021 guidance and long - term EPS growth rates MERRILLVILLE , Ind . - NiSource Inc. ( NYSE : NI ) today announced , on a GAAP basis , net income available to common shareholders for the three months ended June 30 , 2021 of $ 46.5 million , or $ 0.11 diluted earnings per share , compared to net loss available to common shareholders of $ 18.5 million , or $ 0.05 diluted loss per share , for the same period of 2020. For the six months ended June 30 , 2021 , NiSource's net income available to common shareholders was $ 328.2 million , or $ 0.80 diluted earnings per share , compared to net income available to common shareholders of $ 43.3 million , or $ 0.11 diluted earnings per share , for the same period of 2020 . 1 NiSource also reported non - GAAP net operating earnings available to common shareholders of $ 52.6 million , or $ 0.13 diluted earnings per share , for the three months ended June 30 , 2021 , compared to non - GAAP net operating earnings available to common shareholders of $ 50.2 million , or $ 0.13 diluted earnings per share , for the same period of 2020. For the six months ended June 30 , 2021 , NiSource's non - GAAP net operating earnings available to common shareholders was $ 357.4 million , or $ 0.88 diluted earnings per share , compared to non - GAAP net operating earnings available to common shareholders of $ 341.1 million , or $ 0.89 diluted earnings per share , for the same period of 2020. Schedule 1 of this press release contains a complete reconciliation of GAAP measures to non - GAAP measures . " We made significant progress in our generation transition and the current renewable replacement plan with Indiana commission approval now received for all of our joint venture renewable projects . In addition , we have received more than 180 proposals in our 2021 Integrated Resource Plan ( IRP ) process , which will inform our generation replacement strategy in Indiana beyond 2023 , " said NiSource President and CEO Joe Hamrock . " We continue to expect that our infrastructure and generation investments will drive compound annual growth of 7 to 9 % in diluted net operating earnings per share from 2021 through 2024 while reducing greenhouse gas emissions 90 % by 2030. "