Equities
UtilitiesElectricity
  • Price (NZD)5.63
  • Today's Change0.02 / 0.36%
  • Shares traded1.11m
  • 1 Year change-2.43%
  • Beta0.8122
Data delayed at least 20 minutes, as of Mar 04 2026 03:59 GMT.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

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
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
MEL:NZC since
announced
Transaction
value
Flick Energy LtdAnnounced13 May 202513 May 2025Announced-4.25%40.99m
Data delayed at least 20 minutes, as of Mar 04 2026 03:59 GMT.

Institutional shareholders

9.12%Per cent of shares held by top holders
HolderShares% Held
Accident Compensation Corp.as of 30 Jun 202546.72m1.77%
The Vanguard Group, Inc.as of 04 Feb 202646.58m1.77%
Guardians of New Zealand Superannuationas of 30 Jun 202535.39m1.34%
BlackRock Fund Advisorsas of 06 Feb 202633.12m1.26%
Norges Bank Investment Managementas of 30 Jun 202517.92m0.68%
Geode Capital Management LLCas of 26 Feb 202615.33m0.58%
ANZ New Zealand Investments Ltd.as of 30 Jun 202514.94m0.57%
BlackRock Advisors (UK) Ltd.as of 06 Feb 202611.23m0.43%
Nordea Investment Management ABas of 31 Dec 202510.24m0.39%
BlackRock Investment Management (UK) Ltd.as of 31 Jan 20269.08m0.34%
More ▼
Data from 30 Jun 2025 - 27 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.