Meridian Energy is New Zealand’s largest electricity generator, almost entirely renewable (hydro and wind). It trades on New Zealand Stock Exchange under the ticker MEL, in the Utilities (Renewables) sector.
Key Facts
| Item | Details |
|---|---|
| Ticker | MEL |
| Exchange | New Zealand Stock Exchange (MEL) |
| Sector | Utilities (Renewables) |
| Headquarters | Wellington, New Zealand |
Bull Case & Risks
Bull Case
- A 100%-renewable generation fleet
- Leading NZ electricity scale
- Data-centre and electrification demand
Risks
- Hydrology and weather variability
- Power-price and regulatory risk
Outlook
Meridian is New Zealand’s largest, fully renewable power generator, a defensive utility leveraged to electrification, though earnings swing with hydrology.
Educational information only, not investment advice. Stocks carry risk including possible loss of principal; past performance does not guarantee future results.