MERIDIAN ENERGY LIMI

MEL
End-of-day quote. End-of-day quote  - 11/26
6.12NZD -2.55%
Business Summary
Utilities
Utilities
 Electrical Utilities & IPPs
  Electric Utilities
   Electric Utilities - NEC
Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. The Company operates through three segments: Wholesale, Retail and International. The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The Retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. The Company supplies electricity to power homes, businesses and farms.

Number of employees : 1 020 people.
Sales per Business
20192020
NZD
(in Million)
%NZD
(in Million)
%
Wholesale 2,49471.8% 2,27367.1%
Retail 1,30937.7% 1,46643.3%
Australia 292.008.4% 354.0010.4%
Other & Unallocated 29.000.8% 32.000.9%
Inter-segment -633.00-18.2% -720.00-21.3%
Sales per region
20192020
NZD
(in Million)
%NZD
(in Million)
%
New Zealand 3,18791.7% 3,03989.7%
Australia 292.008.4% 353.0010.4%
United Kingdom 12.000.3% 13.000.4%
Managers
Name Title
Neal Anthony Barclay Chief Executive Officer
Mark John Verbiest Chairman
Michael John Roan Chief Financial Officer
Peter David Wilson Deputy Chairman
Anake Angus Murray Goodall Independent Non-Executive Director
Mark Cooper Cairns Independent Non-Executive Director
Janice Amelia Dawson Independent Non-Executive Director
Julia Cecile Hoare Independent Director
Michelle Henderson Independent Director
Nagaja Sanatkumar Independent Director
Shareholders
Name Equities %
Government of New Zealand 1,307,586,374 51.0%
BlackRock Fund Advisors 71,625,756 2.80%
BlackRock Advisors (UK) Ltd. 41,886,107 1.63%
Accident Compensation Corp. 39,779,307 1.55%
The Vanguard Group, Inc. 38,361,443 1.50%
Guardians of New Zealand Superannuation 28,979,135 1.13%
ANZ New Zealand Investments Ltd. 15,307,568 0.60%
Nordea Investment Management AB 12,027,318 0.47%
BlackRock Investment Management (UK) Ltd. 9,745,030 0.38%
Legg Mason Asset Management (Australia) Ltd. 9,481,217 0.37%
Company contact information
Meridian Energy Ltd.
55 Lady Elizabeth Lane
Level 2
Wellington 6011

Phone : +64.4.381.1200
Fax : +64.4.381.1201
Web : http://www.meridianenergy.co.nz
Sector Electric Utilities - NEC
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