4.72 AUD
0.08
1.67%
Last update Dec 15, 12:44 PM AEDT
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4.73
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Meridian Energy Limited
4.72
0.08
1.67%

Overview

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Description

Meridian Energy Limited is a leading utility company specializing in the generation and retailing of electricity from 100% renewable sources, primarily wind, water, and solar. As New Zealand’s largest energy generator, Meridian operates seven hydroelectric stations, several wind farms, and commercial-scale solar arrays, making a significant contribution to the nation’s clean energy supply. The company provides electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom, and markets its products under the Meridian Energy and Powershop brands. Beyond generation, it offers solar installation services, software development, and professional services, reflecting its commitment to renewable innovation and customer-centric solutions. Meridian’s mixed ownership structure includes majority government ownership, emphasizing its strategic role in national infrastructure. The company’s consistent dividend payments and substantial market capitalization underscore its importance and stability in the utility sector. Meridian Energy Limited plays a pivotal role in advancing renewable energy adoption, supporting sustainability, and driving the transition to a low-carbon economy.

About

CEO
Mr. Jason Stein BCA, LLB
Employees
936
Address
98 Customhouse Quay
Level 2 PO Box 10840
Wellington, 6143
Phone
64 4 381 1200
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Renewable
Country
Australia
MIC code
XASX
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