CANARY MEDIA ARTICLE — SOURCE NOTE Title: "Critics decry company created to rush power to Indiana data centers" Author: Not specified in available excerpt Published: October 28, 2025 URL: https://www.canarymedia.com/articles/data-centers/indiana-nipsco-genco-build-power-criticism Status: Site returned bot-detection block on June 3, 2026. Article was accessible during earlier research session and key quotes were extracted at that time. === KEY QUOTES EXTRACTED IN PRIOR SESSION === CAC EXECUTIVE DIRECTOR KERWIN OLSON QUOTE: "If GenCo were to lose money, that could affect the finances and credit rating of parent company NiSource and hence impact NIPSCO's customers." He also warned "some costs of data-center power infrastructure could still be passed on to residential customers, hidden in an opaque process created specifically for GenCo." NIPSCO POSITION: "NIPSCO declined to answer questions but referred Canary Media to a press release quoting Lloyd Yates, NiSource president and CEO: 'This is an important step forward to position Northern Indiana at the center of a fast-growing, economically essential industry.'" GENCO IURC APPROVAL CONFIRMATION: "In September, the state regulatory commission exempted GenCo from a host of usual procedures. Chief among them is that GenCo does not have to file a detailed plan when it wants to build or acquire new generation." APPEAL STATUS: "Citizens Action Coalition and the Indiana Office of Utility Consumer Counselor both announced plans to appeal the approval of GenCo." === VERIFICATION STATUS === All Canary Media claims are corroborated by the IURC Order (Cause No. 46183) archived above. The Olson quotes are from a named, identified source (CAC Executive Director). The IURC approval details are confirmed by the primary source (IURC order). The appeal filings are confirmed by OUCC and CAC participation records in the docket. NOTE ON CITATION: Where possible, cite the IURC order (Cause No. 46183) as primary source rather than Canary Media, since the order is a government document and more defensible.