Sidley Represents NiSource in US$1.1 Billion Sale of its Massachusetts Utility Business to Eversource

Sidley is representing long-standing client, NiSource, in the sale of the gas distribution business of its subsidiary, Columbia Gas of Massachusetts, to Eversource Energy for US$1.1 billion.

NiSource is one of the largest fully regulated utility companies in the United States with operations in seven states.

The deal team was led by M&A partners Imad Qasim and Beth Berg and included corporate associates Andrew Perlman and Phil Acevedo, as well as partners Bill Blumenthal (Antitrust), Ken Irvin and Terence Healey (Energy), Corey Perry (Employee Benefits and Executive Compensation), Liz McCloy (Real Estate), Kevin Blatchford (Capital Markets), Suresh Advani (Tax), Heather Palmer (Environmental), Stephen Fronk (Technology and IP Transactions) and counsel Jim Weiss (Employment).