Mercury NZ Ltd

MCY

Company Profile

  • Business description

    Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

  • Contact

    33 Broadway
    The Mercury Building
    Newmarket
    AucklandNTL1023
    NZL

    T: +64 93088200

    E: [email protected]

    https://www.mercury.co.nz

  • Sector

    Utilities

    Stock type

    Defensive

  • Industry

    Utilities - Renewable

    Fiscal Year End

    Employees

    1,301

Stocks News & Analysis

stocks

The best AI stocks to buy now

Artificial intelligence stocks maintain their allure, thanks to industry momentum and appealing valuations.
stocks

ASX share undervalued despite solid growth

First-quarter performance exceeds expectations.
stocks

Chart of the Week: 3 undervalued US tech shares

Our US analysts’ top tech opportunities.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,877.7054.500.62%
CAC 407,803.3373.640.95%
DAX 4025,087.27280.301.13%
Dow JONES (US)51,654.95423.310.83%
FTSE 10010,552.05110.451.06%
HKSE24,211.35425.561.79%
NASDAQ27,366.17172.830.64%
Nikkei 22569,030.9211.19-0.02%
NZX 50 Index13,749.3557.500.42%
S&P 5007,811.5446.180.59%
S&P/ASX 2008,716.6055.700.64%
SSE Composite Index3,813.791.890.05%

Market Movers