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Meridian Energy - Latest News [Page 1]
Meridian Appoints New General Manager
Wednesday, 4 June 2025, 8:52 am | Meridian
Rory brings over 20 years of New Zealand electricity sector experience to his new role, having previously held numerous senior and executive management positions in the industry. More >>
Meridian Selects Kraken As Retail Technology Partner
Tuesday, 3 June 2025, 10:23 am | Meridian
Kraken will replace Meridian subsidiary Flux, which currently delivers the billing platform for Meridian and Powershop. Flux will continue to maintain this billing platform while a phased migration to Kraken takes place. This will begin in July ... More >>
Meridian And NZAS Agree To Shorten Current Demand Response
Tuesday, 3 June 2025, 8:52 am | Meridian
New Zealand’s hydro storage is looking much healthier than it was just a few weeks ago, so we are now confident regarding security of supply this winter. As a result, we want NZAS to get back to business, says CEO designate Mike Roan. More >>
Completion Of Ruakākā Battery Energy Storage System
Friday, 23 May 2025, 9:15 am | Meridian
The Ruakākā BESS has a maximum output of 100MW of electricity and storage capacity of 200MWh, enough to power around 60,000 average households during winter for a two-hour period. More >>
Ampol Exits Retail Electricity, Meridian Takes On Customers
Tuesday, 13 May 2025, 9:42 am | Meridian
Flick currently has a 1.81% market share based on ICPs. The acquisition of Flick will increase Meridian’s market share to 18.00%, maintaining the company’s position as the fourth largest electricity retailer by ICP. More >>
Springs Junction EV Charging Site Is Open For Business
Monday, 31 March 2025, 4:01 pm | Meridian
The project, one of the first of its kind in New Zealand, will fill a gap in the South Island’s charging network and make journeys much easier for people behind the wheel of an EV. More >>
Meridian To Proceed With $227m Ruakākā Solar Farm
Tuesday, 25 March 2025, 11:19 am | Meridian
Meridian Chief Executive Neal Barclay says Ruakākā Solar Farm will provide benefits to the New Zealand energy system and Northland’s energy resilience. More >>
Wind And Rain Warmly Welcomed
Wednesday, 19 March 2025, 2:45 pm | Meridian
Following months of gradual decline, Lake Pūkaki - New Zealand’s largest hydro storage lake - has held largely steady since 15 March and enjoyed a very modest increase of around 12cm since the morning of 18 March. More >>
Winter ‘24 Hedging Costs Impact Interim Financial Result
Wednesday, 26 February 2025, 9:01 am | Meridian
With a challenging first half to the financial year, the Meridian Board has decided to maintain the interim dividend at the same level as the prior period, and declared an interim ordinary dividend of 6.15 cents per share. More >>
Meridian And NZAS Agree 50MW Reduction For Winter 2025
Tuesday, 25 February 2025, 11:19 am | Meridian
As part of the agreement, Meridian and NZAS have agreed that Meridian will next have the ability to call for demand response Option 3 (100MW) or Option 4 (185MW) under the demand response agreement between the parties to take effect from 12 April 2026. More >>
Meridian Enters Into Agreement To Acquire NZ Windfarms
Wednesday, 19 February 2025, 9:05 am | Meridian
The two companies are already parties to a 50-50 joint venture to repower NZWF’s largest asset, the Te Rere Hau Wind Farm in Manawatū, and for Meridian to purchase 100% of the generation from the wind farm. Meridian also currently holds a 19.99% ... More >>
Meridian Secures Consent For Mt Munro Wind Farm
Tuesday, 18 February 2025, 11:32 am | Meridian
“New Zealand is heading towards another winter that’s set to highlight the challenges our electricity system can face when experiencing a shortage of fuel, whether that’s low lake levels or a shortage of gas,” says Meridian Chief Executive Neal Barclay. More >>
Ruakākā Solar Farm Gains Planning Consent
Monday, 10 February 2025, 9:13 am | Meridian Energy
Ruakākā Solar Farm will be capable of producing 150-200 gigawatt hours of electricity per year – enough to power more than half the homes in Northland – and it’ll boost the region’s resilience by reducing its reliance on electricity generated ... More >>
Turning Hot Water Into A Hot Deal
Wednesday, 5 February 2025, 11:22 am | Meridian
Smart Hot Water uses technology to shift when a home’s hot water is heated, automatically switching off the electricity supply to hot water cylinders during peak periods and switching it back on when there is less demand. More >>
Meridian And Nova To Partner On Te Rahui Solar Farm
Friday, 20 December 2024, 8:51 am | Meridian
The circa $660 million project, for which Nova received resource consent in April this year, will produce enough electricity to power around 100,000 homes. It is intended to reach Financial Investment Decision in the first quarter of 2025 and will be carried ... More >>
New Manapōuri Transformer Commissioned, Capacity Close To Full
Wednesday, 18 December 2024, 1:34 pm | Meridian
New Zealand’s largest hydro power station has received an early Christmas present, following the successful commissioning of a new transformer. Transformer faults have been restricting generation at Manapōuri, and a replacement unit was delivered to ... More >>
Neal Barclay Steps Down In 2025, Mike Roan Appointed Chief Executive
Thursday, 12 December 2024, 9:02 am | Meridian
Mike’s tenure at Meridian started in 2006 in the Strategy team. Since then, he has taken on various leadership roles, including General Manager of Wholesale and his current role as CFO. More >>
Kiwi Community Groups Receive Big Boost For Electrification Efforts
Thursday, 28 November 2024, 12:58 pm | Meridian
With projects ranging in cost from $19,000 to $179,000, the funding will help these community groups achieve their electrification plans, reduce emissions and operating costs, and ensure more money is available for their work and reaching those in their ... More >>
Giant Transformer Is Safe, Sound And Underground
Wednesday, 30 October 2024, 12:14 pm | Meridian
A 104-tonne transformer’s not a quick or easy thing to transport, with the New Zealand leg of the journey taking place over several carefully planned days last week. More >>
Lake Pūkaki – Back In Black And On The Right Track
Tuesday, 8 October 2024, 1:10 pm | Meridian
“All the rain we missed from April to August finally arrived in September,” says Meridian GM Wholesale Chris Ewers. More >>
