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
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