MEL:NZE
Meridian Energy Ltd
NZ$5.45
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+0.93%(+0.050) 1D
Oct 2, 4:59:47 PM GMT+13 · NZD
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|---|
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Open
NZ$5.40
High
NZ$5.45
Low
NZ$5.35
Mkt. cap
14.59B
Avg. vol.
2.03M
Volume
1.10M
Dividend
4.13%
Quarterly dividend
NZ$0.06
Ex-dividend date
Sep 3, 2026
P/E ratio
110.44
52-wk high
NZ$6.05
52-wk low
NZ$5.16
EPS
NZ$0.05
Shares outstanding
2.66B
No. of employees
936
Open
NZ$5.40
High
NZ$5.45
Low
NZ$5.35
Mkt. cap
14.59B
Avg. vol.
2.03M
Volume
1.10M
Dividend
4.13%
Quarterly dividend
NZ$0.06
Ex-dividend date
Sep 3, 2026
P/E ratio
110.44
52-wk high
NZ$6.05
52-wk low
NZ$5.16
EPS
NZ$0.05
Shares outstanding
2.66B
No. of employees
936
News stories
From web sources and news partners
NZ Herald
·
2 days ago
'Another lifetime': Meridian to replace all seven Waitaki turbines
BusinessDesk | NZ
·
2 days ago
Meridian’s $510m rebuild of Waitaki Power Station – one of NZ’s oldest hydro stations
Profile
Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015.
Meridian was one of three electricity companies formed from the break-up of the Electricity Corporation of New Zealand in 1998–99, taking over the Waitaki River and the Manapouri hydro schemes. Originally a state-owned enterprise wholly owned by the New Zealand Government, the company was partially privatised in October 2013 by the Fifth National Government, with the government retaining a 51.02% shareholding.
Today, Meridian operates seven hydroelectric power stations and one wind farm in the South Island of New Zealand, and four wind farms in the North Island. Wikipedia
About Meridian Energy Ltd
CEONeal Barclay
Employees936
FoundedDec 16, 1998
HeadquartersWellington, Wellington Region, New Zealand
SectorRenewable energy
Websitemeridianenergy.co.nz