Meridian Energy is New Zealand's largest renewable energy generator and a major electricity retailer. The company generates around 30% of the country's electricity needs entirely from renewable sources, including hydro and wind power. Meridian sells electricity to both residential and commercial customers under the Meridian and Powershop brands, focusing on providing flexible energy solutions.
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Historical Price Data
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Industry & Focus
Renewable Energy
Utilities
New Zealand
Sustainability
Electricity Generation
Company Overview
AI-generated company summary
Meridian Energy is New Zealand's largest renewable energy generator and a major electricity retailer. The company generates around 30% of the country's electricity needs entirely from renewable sources, including hydro and wind power. Meridian sells electricity to both residential and commercial customers under the Meridian and Powershop brands, focusing on providing flexible energy solutions.
Company History
Meridian Energy was established in 1999 as part of the restructuring of New Zealand's electricity sector. Over the years, it has grown to become one of the largest listed companies in New Zealand, focusing on renewable energy generation. The company has expanded its portfolio to include seven hydro power stations, eight wind farms, and New Zealand's first grid-scale battery. Meridian has consistently invested in new projects to meet the growing demand for clean energy.
Competitive Advantages
Meridian Energy's competitive advantages include its significant market share as New Zealand's largest renewable energy generator, its commitment to sustainability, and its diverse portfolio of renewable energy assets. The company's focus on innovation and new project development ensures it remains at the forefront of the renewable energy sector.
Risk Factors
•Regulatory changes affecting the energy sector
•Fluctuations in electricity demand and prices
•Potential impacts of climate change on renewable energy generation
Recent Developments
Last 6 months
In the past six months, Meridian Energy has continued to expand its renewable energy projects, including the development of new wind and solar farms. The company has also been actively involved in initiatives to reduce carbon emissions and promote sustainability across its operations.
Key People
Leadership team at Meridian Energy
MR
Mike Roan
Chief Executive Officer
Mike Roan serves as the Chief Executive Officer, leading Meridian Energy's strategic direction and operations.
MS
Mandy Simpson
Chief Financial Officer
Mandy Simpson is the Chief Financial Officer, responsible for overseeing the financial management and strategy of Meridian Energy.
Financial Reports
10 reports available
Meridian Energy Limited 2025 Full Year Financial Results
Full Year ResultsAug 27, 2025via asx_announcements
Annual results webcast and conference call details
Financial ReportAug 8, 2025via asx_announcements
Meridian Annual Results Announcement Date
Financial ReportJun 26, 2025via asx_announcements
Meridian Energy Limited 2024 Full Year Financial Results
Full Year ResultsAug 28, 2024via asx_announcements
Annual results webcast and conference call details