Mercury Energy - Latest News [Page 2]

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 >>

Record generation and earnings for Mercury

Tuesday, 27 February 2018, 8:52 am | Mercury Energy

Mercury has gained momentum in the half-year to 31 December with earnings (EBITDAF) rising to record levels. More >>

Wonderful energy ‘skills’ for customers with Amazon Alexa

Friday, 23 February 2018, 9:50 am | Mercury Energy

Mercury has become New Zealand’s first energy company to commit to bringing Amazon Alexa to consumers. More >>

Workplace a great place for Mercury people

Wednesday, 31 January 2018, 5:23 pm | Mercury Energy

Mercury has been named as the winner for Best Enterprise Workplace in IBM’s 2017 Best Workplaces Awards. More >>

Mercury Operating Statistics & Guidance Update

Wednesday, 24 January 2018, 9:54 am | Mercury Energy

Mercury announced today that it has lifted its FY2018 EBITDAF guidance from $515 million to $530 million. More >>

EV drivers enjoy incentive to charge off-peak

Friday, 24 November 2017, 4:48 pm | Mercury Energy

EV drivers enjoy incentive to charge off-peak 24 November 2017 – Electric vehicle (EV) drivers are responding well to price signals suggesting there will be sufficient energy capacity, predominately renewable, to power New Zealand’s increasing uptake ... More >>