Company's Profile
Meridian Energy Limited, headquartered in New Zealand, operates in the electricity sector. It engages in electricity generation, trading, and retailing, as well as the sale of related products and services. The company's operations are divided into three segments: Wholesale, Retail, and International. The Wholesale segment involves generating and selling electricity within New Zealand's wholesale electricity market, purchasing electricity, and developing renewable generation projects. The Retail segment focuses on retailing electricity and complementary products through its brands, Meridian and Powershop, in New Zealand. The International segment encompasses electricity generation and sales in the wholesale market and the licensing of the Powershop platform in the United Kingdom. Meridian Energy supplies electricity to homes, businesses, and farms, contributing to New Zealand's energy landscape.