Equities

Meridian Energy Ltd

Meridian Energy Ltd

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UtilitiesElectricity
  • Price (NZD)6.55
  • Today's Change0.11 / 1.71%
  • Shares traded885.76k
  • 1 Year change+18.02%
  • Beta1.2665
Data delayed at least 20 minutes, as of Jul 05 2024 06:10 BST.
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About the company

Meridian Energy Limited is a New Zealand-based power company. The Company is engaged in the generation, trading and retailing of electricity and the sale of complementary products and services. The Company’s segments include New Zealand wholesale and New Zealand retail. The New Zealand wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The New Zealand retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. It owns and operates six hydro stations in New Zealand. It also has various wind farms and is also engaged in solar power generation across the country. It operates in New Zealand and the United Kingdom. The Company supplies electricity to power homes, businesses and farms.

  • Revenue in NZD (TTM)3.80bn
  • Net income in NZD85.00m
  • Incorporated1998
  • Employees878.00
  • Location
    Meridian Energy Ltd33 Customhouse Quay, Wellington CentralWELLINGTON 6011New ZealandNZL
  • Phone+64 43811200
  • Fax+64 43811201
  • Websitehttps://www.meridianenergy.co.nz/
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Institutional shareholders

6.98%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 06 Jun 202445.39m1.75%
BlackRock Fund Advisorsas of 06 Jun 202428.00m1.08%
Guardians of New Zealand Superannuationas of 30 Jun 202325.30m0.98%
Norges Bank Investment Managementas of 31 Dec 202321.85m0.84%
Smartshares Ltd.as of 31 May 202414.49m0.56%
Nordea Investment Management ABas of 30 Apr 202411.88m0.46%
BlackRock Advisors (UK) Ltd.as of 06 Jun 20249.91m0.38%
State Street Global Advisors Ltd.as of 06 Jun 20249.55m0.37%
Geode Capital Management LLCas of 27 Jun 20248.29m0.32%
Legal & General Investment Management Ltd.as of 07 Jun 20246.03m0.23%
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Data from 30 Jun 2023 - 27 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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