Equities

Meridian Energy Ltd

Meridian Energy Ltd

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UtilitiesElectricity
  • Price (NZD)5.88
  • Today's Change-0.025 / -0.42%
  • Shares traded1.16m
  • 1 Year change+15.29%
  • Beta1.2427
Data delayed at least 20 minutes, as of Nov 22 2024 04:00 GMT.
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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 Wholesale, Retail, and Other. 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. It owns and operates seven hydro stations in New Zealand. The Company supplies electricity power for homes, businesses, and farms. It also has various wind farms and is also engaged in solar power generation.

  • Revenue in NZD (TTM)4.86bn
  • Net income in NZD429.00m
  • Incorporated1998
  • Employees936.00
  • 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

7.63%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 06 Nov 202442.80m1.64%
BlackRock Fund Advisorsas of 07 Nov 202430.53m1.17%
Guardians of New Zealand Superannuationas of 30 Jun 202325.30m0.97%
Norges Bank Investment Managementas of 30 Jun 202421.63m0.83%
ANZ New Zealand Investments Ltd.as of 30 Jun 202317.97m0.69%
Smartshares Ltd.as of 30 Sep 202414.14m0.54%
Geode Capital Management LLCas of 14 Nov 202413.29m0.51%
Nordea Investment Management ABas of 30 Sep 202411.47m0.44%
BlackRock Advisors (UK) Ltd.as of 08 Nov 202411.12m0.43%
State Street Global Advisors Ltd.as of 07 Nov 202410.54m0.40%
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Data from 30 Jun 2023 - 14 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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