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
Wellington6011
NZLT: +64 43811200
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Renewable
Fiscal Year End
30 June 2026
Employees
936
Stocks News & Analysis
stocks
Nvidia: Collaboration with Intel might bring some goodwill with the US
We doubt the $5 billion is meaningful enough to force Nvidia to use Intel, either for core products or even for the chips in collaboration.
stocks
What now for Santos after takeover offer collapses?
Our Fair Value estimate once again reflects the stand-alone business and its growth potential.
stocks
Morningstar initiates coverage on small cap ASX REIT
Coverage of ASX listed REIT as investor interest in property continues to grow.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 9,061.20 | 61.30 | -0.67% |
CAC 40 | 7,883.94 | 29.33 | 0.37% |
DAX 40 | 23,667.38 | 7.15 | -0.03% |
Dow JONES (US) | 46,142.42 | 124.10 | 0.27% |
FTSE 100 | 9,224.67 | 3.44 | -0.04% |
HKSE | 26,479.39 | 40.88 | 0.15% |
NASDAQ | 22,470.72 | 209.40 | 0.94% |
Nikkei 225 | 45,045.81 | 143.54 | 0.32% |
NZX 50 Index | 13,231.66 | 3.23 | -0.02% |
S&P 500 | 6,631.96 | 31.61 | 0.48% |
S&P/ASX 200 | 8,773.50 | 75.00 | -0.85% |
SSE Composite Index | 3,820.09 | 11.57 | -0.30% |