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

Corning’s AI fiber boom is real, but its stock price may be getting out of hand

Corning’s optical fiber business is thriving, and the Meta deal derisks its supply buildout, but success isn’t guaranteed.
stocks

Going into earnings, is Alphabet stock a buy, a sell, or fairly valued?

From AI integration to capital expenditure increases, here’s what we expect in Alphabet’s earnings report.
stocks

ASX energy share remains cheap despite strong outlook

Santos reports a solid quarter on the back of higher commodity prices - yet the shares look undervalued.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,933.2016.20-0.18%
CAC 408,141.9215.90-0.19%
DAX 4024,083.5345.45-0.19%
Dow JONES (US)49,167.7962.92-0.13%
FTSE 10010,321.0957.99-0.56%
HKSE25,663.95261.70-1.01%
NASDAQ24,887.1050.500.20%
Nikkei 22559,850.50686.86-1.13%
NZX 50 Index12,764.40110.54-0.86%
S&P 5007,173.918.830.12%
S&P/ASX 2008,709.7011.50-0.13%
SSE Composite Index4,077.049.30-0.23%

Market Movers