Mercury Energy - Latest News [Page 1]

Mercury rises to challenge with strong FY2019 result

Tuesday, 20 August 2019, 8:53 am | Mercury Energy

20 August 2019 – Mercury produced a strong result under unusual weather and market conditions in its financial year to 30 June 2019, Chief Executive Fraser Whineray said today. More >>

Mercury Quarterly Operational Update

Thursday, 18 July 2019, 9:09 am | Mercury Energy

Thermal fuel uncertainty gains prominence as driver of spot market prices Quarterly spot prices were elevated at the 90th percentile1 as thermal fuel constraints, including maintenance outages on the Pohokura gas field, offset above-average national hydro ... More >>

ICCC report: Mercury praises pragmatic approach and response

Tuesday, 16 July 2019, 4:15 pm | Mercury Energy

Mercury welcomes the ICCC’s report “Accelerated Electrification” and supports the Government’s response to its findings. More >>

Mercury supports Government’s car carbon proposals

Tuesday, 9 July 2019, 9:00 am | Mercury Energy

Mercury welcomes the Government’s leadership in reducing emissions in the transport sector through the Clean Car Standard and the Clean Car Discount proposals. More >>

New wind farm a further step to low carbon future

Wednesday, 27 March 2019, 10:35 am | Mercury Energy

27 March 2019 - Mercury has committed to the construction of the first 33 of 60 consented wind turbines at Turitea near Palmerston North, representing a key milestone in New Zealand’s renewable energy development. More >>

Mercury earnings strong despite less water

Tuesday, 26 February 2019, 3:29 pm | Mercury Energy

Mercury came close to matching last financial year’s record first half performance despite less favourable hydro conditions in the Waikato catchment leading to lower hydro generation. More >>

Mercury Quarterly Operational & EBITDAF Guidance Update

Wednesday, 23 January 2019, 10:41 am | Mercury Energy

23 January 2019 – Dry conditions, with national hydro inflows at 86% of average1, combined with limited thermal fuel availability resulted in record spot prices for the quarter. Average spot prices reached $206/MWh at Otahuhu and $175/MWh at Benmore; ... More >>

Mercury sells Metrix smart metering business

Monday, 17 December 2018, 8:50 am | Mercury Energy

Mercury NZ Ltd has today announced the sale of its smart-metering business, Metrix, to intelliHUB Group for a cash consideration of $270m. Mercury Chief Executive Fraser Whineray says the sale releases capital and resources, simplifies the company and ... More >>

Food fight! Mercury turns up the heat on petrol pushers

Thursday, 18 October 2018, 1:13 pm | Mercury Energy

Mercury is using burgers to turn up the heat on petrol retailers as prices at the pump hit record highs. “We’re paying a premium for a dirty, imported product when the cleaner, New Zealand-made alternative is comparatively cheap as chips… ... More >>

Mercury Quarterly Operational Update

Wednesday, 17 October 2018, 10:49 am | Mercury Energy

17 October 2018 – Mercury's strong starting storage position enabled hydro generation of 1,446GWh during the quarter. This fell from record quarterly generation in the prior comparable period but remained at the 84th percentile1, contributing to total ... More >>

Direct grid-connected battery is large and in-charge

Wednesday, 22 August 2018, 3:38 pm | Mercury Energy

New Zealand’s first grid-scale battery storage facility was launched in Auckland by the Minister of Energy, Dr Megan Woods today. More >>

Mercury grows earnings and engagement

Tuesday, 21 August 2018, 9:09 am | Mercury Energy

Record hydro generation for a second consecutive year has driven another record financial result for Mercury (NZX:MCY) in the 12-months to 30 June 2018. An emphasis on enabling people and their performance saw further growth in employee engagement and the successful ... More >>

Mercury trials EV subscription service to drive uptake

Friday, 17 August 2018, 9:22 am | Mercury Energy

Mercury is piloting an electric vehicle (EV) subscription service with Snap Rentals which it says is a model that could be instrumental in getting more kiwis plugging in for their transport. More >>

New research shows EVs the clear choice for most kiwis

Wednesday, 8 August 2018, 12:45 pm | Mercury Energy

NEWS RELEASE 8 August 2018 New research shows EVs the clear choice for most kiwis The overwhelming majority of New Zealanders see electric vehicles (EVs) as the way forward and almost half are considering getting one soon, according to new research* ... More >>

Mercury Quarterly Operational Update

Wednesday, 18 July 2018, 2:31 pm | Mercury Energy

• RECORD ANNUAL GENERATION - Annual generation 7,704GWh; Hydro generation 947GWh above average • DEMAND GROWTH - Underlying demand up 1.8% led by urban and dairy sectors • SUSTAINED RETAIL COMPETITION - Annual churn for all Mercury brands up ... More >>

Mercury appoints Future Director, Anna Lissaman

Friday, 6 July 2018, 3:22 pm | Mercury Energy

Mercury has appointed Anna Lissaman as its next Future Director, effective this month. Ms Lissaman is Director of People & Talent at TVNZ. More >>

Shareholders advised of information mistake

Tuesday, 29 May 2018, 1:39 pm | Mercury Energy

Mercury has today sent notifications to its shareholders apologising for a mistake where information not normally available was shared with the Companies Office and able to be viewed via the Companies Office website. The information included shareholders’ ... More >>

Mercury acquires stake in Tilt Renewables Limited

Monday, 14 May 2018, 9:06 am | Mercury Energy

Mercury NZ Limited has reached agreement with the Tauranga Electricity Consumer Trust (TECT) to acquire a 19.99% stake in Tilt Renewables Limited (Tilt). More >>

Mercury Q3 Operating Statistics & Guidance Update

Tuesday, 17 April 2018, 9:15 am | Mercury Energy

Mercury announced today that it has lifted its FY2018 EBITDAF guidance from $530 million to $540 million. This is due to an expected 150 GWh increase in full year forecast hydro generation due to continued wet weather in the Taupo area. Annual ... More >>

Mercury mission to convert hearts as well as minds

Thursday, 1 March 2018, 9:35 am | Mercury Energy

Mercury has taken another step to inspire New Zealanders to embrace the future of transportation, showing how wonderful electric transport can be with a hi-tech conversion of a classic car. More >>



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