Meridian Energy float cost may hit $41.5m
Mighty River Power cost $40.8 million to float, of which the Government paid $28 million and Mighty River shelled out $12.8 million.Symbol: NZX:MEL
View ArticlePlan addresses minimum flows
The allocation process in 2005 followed major debate over the Project Aqua power scheme proposed by Meridian Energy Ltd between Kurow and State Highway 1 which would have had a big effect on future...
View ArticleLuminis Partners in Origin camp to assess Contact options
A dual listing, as is used by the 49 per cent privatised New Zealand utilities Mighty River Power, Meridian Energy and Genesis Energy, could also increase liquidity in the shares.Symbol: NZX:MEL
View ArticleCall to reduce proposals
But four parties - the Waitaki Irrigators' Collective, Meridian Energy Ltd, Ngai Tahu and Environment Canterbury - had options which were ''so close it would not take much manoeuvring to reach some...
View ArticleMeridian gives Tiwai smelter month extension on power decision
Meridian Energy and New Zealand Aluminium Smelters Ltd (NZAS) last night agreed to amend their electricity agreement by extending the date by a month on which NZAS can give a termination notice to...
View ArticleAustralian Ethical Stock Fund Wins With Lasers, Sleep Apnea Tool
Gracey's fund combines heavy biases in health-care and information technology with companies paying high dividend yields such as Meridian Energy Ltd. and Mighty River Power Ltd., he said. Those two New...
View ArticleElectricity demand delays Meridian test plans
Testing of Lake Aviemore, which could see it rise and fall within maximum and minimum levels, has again been postponed by Meridian Energy Ltd as it copes with the demand for electricity in freezing...
View ArticleTiwai Smelter deal signed between Meridian Energy and NZAS
Tiwai Point aluminium smelter will keep its doors open after power supplier Meridian Energy signed a variation to the existing electricity agreement with owners New Zealand Aluminium Smelters.Symbol:...
View ArticleMeridian Energy posts profit increase
New Zealand hydro and wind power company Meridian Energy Ltd (NZE:MELCA) said on Wednesday its after-tax net profit for the fiscal 2014/15 has increased by 7% year-on-year to NZD 247 million (USD...
View ArticleMorrison & Co buys 50pc of Macarthur Wind Farm for $532m
The Australasian infrastructure investor will own the asset with Malaysia's Malakoff, which purchased Meridian Energy's share in the wind farm two years ago for about $650m. AGL's book value for the...
View ArticleDespite the Chicken Littles, renewable development is 'just right'
As Meridian Energy Limited Group Chief Executive, Mark Binns, recently noted, “While the dust continues to settle on this new target, it's not surprising that everybody is holding back on making large...
View ArticleMeridian continues to push retail efficiency button
Meridian Energy Ltd (NZX: MEL; ASX: MEZ) told an investment forum yesterday that it would continue with a retail efficiency drive to help get a targeted growth and financial performance.Symbol: NZX:MEL
View ArticleMeridian Energy calls on Genesis to reverse Huntly coal-burner closure
However, Meridian chief executive Mark Binns warned of potential under-supply following the closure, which would create challenges for the whole industry.Symbol: NZX:MEL
View ArticleMeridian Energy Australia Chief Executive resigns
Meridian Energy Limited (ASX:MEZ) has advised the CEO of its Australian subsidiary business Meridian Energy Australia, has tendered his resignation.Symbol: NZX:MEL
View ArticleEndurance in multi-year wind hedge with Meridian Energy Australia
Endurance Global Weather, a weather hedging and weather risk management focused unit of Bermudian specialty P&C insurance and reinsurance firm Endurance Specialty Holdings Ltd., has completed a...
View ArticleMeridian Energy posts 11% lower profit for fiscal H1
February 24 (SeeNews) - New Zealand hydro and wind power company Meridian Energy Ltd (NZE:MELCA) said Wednesday its after-tax net profit for the first half of fiscal 2015/16 declined by 11%...
View ArticleSouthland children picked for Meridian Energy Learn, Grow, Lead Tamariki Camp
Trevor and fellow Dipton School student Adine Russell, along with Northern Southland College student Mia Santa Ana, all 12, were all picked to attend the Meridian Energy Learn, Grow, Lead Tamariki Camp...
View ArticleMeridian Energy profit fall 11pc
All-renewables electricity generator and retailer Meridian Energy announced an 11 per cent fall in net profit after tax of $104 million for the six months ended December 31 but cited sufficient...
View ArticleBoardman Community Briefs
The Youngstown Saxon Club, located at 710 S. Meridian Road, will host its next pork-kraut dinner on April 17 from 11:30 a.m.Symbol: NZX:MEL
View ArticleCanfield Community Briefs
There will be women's self-defense and self-protection seminars for those who are ages 18 and older (children may attend with adult) on April, 15 from 10:30-11:30 a.m.Symbol: NZX:MEL
View Article