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
    NZL

    T: +64 43811200

    E: [email protected]

    https://www.meridianenergy.co.nz

  • Sector

    Utilities

    Stock type

    Defensive

  • Industry

    Utilities - Renewable

    Fiscal Year End

    30 June 2026

    Employees

    674

Stocks News & Analysis

stocks

Materially undervalued ASX tech share

Long reinvestment runway supports our thesis on ASX technology company.
stocks

For US software stocks, it’s been an AI bust, not a boom

Once-hot software names are lagging. Are they good buys?
stocks

Finding value in the Aussie mining sector

Is the mining sector overvalued? A new Morningstar report highlights pockets of value that remain.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,802.5040.90-0.46%
CAC 407,959.6722.98-0.29%
DAX 4023,239.18147.310.64%
Dow JONES (US)46,448.27202.860.44%
FTSE 1009,534.914.80-0.05%
HKSE26,030.44313.941.22%
NASDAQ22,872.01598.922.69%
Nikkei 22548,815.27189.390.39%
NZX 50 Index13,487.1912.66-0.09%
S&P 5006,705.12102.131.55%
S&P/ASX 2008,515.5048.20-0.56%
SSE Composite Index3,879.5142.741.11%

Market Movers