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About the company
Meridian Energy Limited is a New Zealand-based company. The Company is engaged in the generation, trading and retailing of electricity and the sale of complementary products and services. Its segments include Wholesale, Retail, and Other and Unallocated. The Wholesale segment includes activity of generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The Retail segment includes activity of retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The electricity is sold to residential, business and industrial customers. The Other and unallocated segment include licensing of the developed electricity and gas retailing platform. It owns and operates approximately seven hydro stations in New Zealand and six wind farms. The Company’s subsidiaries are Flux Federation Limited, Flux-UK Limited, Meridian Limited, and others.
- Revenue in NZD (TTM)4.59bn
- Net income in NZD-104.00m
- Incorporated1998
- Employees936.00
- LocationMeridian Energy LtdLevel 2, 98 Customhouse QuayWELLINGTON 6011New ZealandNZL
- Phone+64 43811200
- Fax+64 43811201
- Websitehttps://www.meridianenergy.co.nz/
Mergers & acquisitions
| Acquired company | MEL:NZC since announced | Transaction value |
|---|---|---|
| Flick Energy Ltd | -4.25% | 40.99m |
| Holder | Shares | % Held |
|---|---|---|
| Accident Compensation Corp.as of 30 Jun 2025 | 46.72m | 1.77% |
| The Vanguard Group, Inc.as of 04 Feb 2026 | 46.58m | 1.77% |
| Guardians of New Zealand Superannuationas of 30 Jun 2025 | 35.39m | 1.34% |
| BlackRock Fund Advisorsas of 06 Feb 2026 | 33.12m | 1.26% |
| Norges Bank Investment Managementas of 30 Jun 2025 | 17.92m | 0.68% |
| Geode Capital Management LLCas of 26 Feb 2026 | 15.33m | 0.58% |
| ANZ New Zealand Investments Ltd.as of 30 Jun 2025 | 14.94m | 0.57% |
| BlackRock Advisors (UK) Ltd.as of 06 Feb 2026 | 11.23m | 0.43% |
| Nordea Investment Management ABas of 31 Dec 2025 | 10.24m | 0.39% |
| BlackRock Investment Management (UK) Ltd.as of 31 Jan 2026 | 9.08m | 0.34% |
