Meridian Energy Ltd
MEL
Company Profile
Business description
Meridian Energy is one of New Zealand’s leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
Contact
98 Customhouse Quay
Level 2
WellingtonSTL6011
NZLT: +64 43811200
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Renewable
Fiscal Year End
30 June 2025
Employees
936
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,316.70 | 98.30 | -1.17% |
CAC 40 | 7,274.48 | 19.89 | -0.27% |
DAX 40 | 19,884.75 | 85.11 | -0.43% |
Dow JONES (US) | 42,840.26 | 498.02 | 1.18% |
FTSE 100 | 8,084.61 | 20.71 | -0.26% |
HKSE | 19,720.70 | 31.81 | -0.16% |
NASDAQ | 19,572.60 | 199.83 | 1.03% |
Nikkei 225 | 38,701.90 | 111.68 | -0.29% |
NZX 50 Index | 12,904.11 | 149.96 | 1.18% |
S&P 500 | 5,930.85 | 63.77 | 1.09% |
S&P/ASX 200 | 8,067.00 | 101.20 | -1.24% |
SSE Composite Index | 3,368.07 | 1.96 | -0.06% |