Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  Meridian Energy Ltd    MEL   NZMELE0002S7

MERIDIAN ENERGY LTD

(MEL)
My previous session
Most popular
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Meridian Energy : brings Global EV Expert to New Zealand

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/25/2018 | 06:06pm EDT

Thanks to Meridian Energy, Drive Electric and EECA; politicians, fleet managers and New Zealand business leaders will meet with Christina Bu this week in Christchurch, Auckland and Wellington. The Secretary General of the Norwegian Electric Vehicle (EV) Association is in New Zealand to share her insights on what New Zealand can learn from Norway's world-leading conversion to electric vehicles.

Ms. Bu is a powerful voice in the EV industry, helping oversee Norway's electric car transition, currently sitting at over 40 percent converted.

'There is massive disruption in the mobility sector,' says Bu. 'Apart from what is happening in Europe, China is fast moving into the electric vehicle market with more than 5.1% market share and advancements in software and AI.'

Sponsored by Drive Electric with Meridian Energy and EECA; Bu will deliver important sustainability and future-proofing fleet insights for the industry, government and New Zealand businesses.

Neal Barclay, Meridian Chief Executive says, 'More than 90% of New Zealand's transport emissions come from road transport, making our transport sector one of the most emissions intensive in the world. Electric transport, combined with our large proportion of renewable energy, provides us with a unique opportunity to significantly reduce our emissions and combat climate change.'

'We're really looking forward to hearing Christina's insights and learn how we can further increase the uptake in EVs and continue to lower our emissions', says Barclay.

Bu arrives in New Zealand directly from Chile, it will be the end of a busy 2018 for Bu, having been keynote speaker and panelist at high profile summits and conferences throughout Europe, the USA and beyond. Her expertise and knowledge in discussing EV industry challenges and opportunities is in fierce demand all around the world.

Despite an ever-growing charging infrastructure network, New Zealand's rate of fossil fuel to electric conversion will have to grow dramatically to meet the national target of 64,000 EVs on the road by 2021.

ENDS

Meridian Media Team

Media.Team@meridianenergy.co.nz

0800 948 843

Disclaimer

Meridian Energy Limited published this content on 26 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 November 2018 22:05:09 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MERIDIAN ENERGY LTD
03/15MERIDIAN ENERGY : Continues Significant Progress on Davis Refinery; Coming to Li..
AQ
03/13MERIDIAN ENERGY : monthly operating report for February 2019
PU
03/03MERIDIAN ENERGY : Plugs In To Global EV Community
PU
02/19MERIDIAN ENERGY : welcomes Electricity Price Review Panels PPD stance
PU
02/12MERIDIAN ENERGY : establishes Site Control for Permian Basin Refinery
AQ
02/11MERIDIAN ENERGY : Announces Next Project set for West Texas
AQ
01/21MERIDIAN ENERGY : to expand EV charging thanks to the Government's Low Emissions..
PU
2018MERIDIAN ENERGY : supports Manawatū Gorge replacement route
PU
2018MERIDIAN ENERGY : Mark Verbiest to become Meridian Chairman from 2019 Shareholde..
PU
2018MERIDIAN ENERGY : Tiwai Expansion Showcases New Zealand's Renewable Advantage
PU
More news
Financials (NZD)
Sales 2019 3 287 M
EBIT 2019 479 M
Net income 2019 324 M
Debt 2019 1 476 M
Yield 2019 5,01%
P/E ratio 2019 31,33
P/E ratio 2020 32,02
EV / Sales 2019 3,53x
EV / Sales 2020 3,85x
Capitalization 10 137 M
Chart MERIDIAN ENERGY LTD
Duration : Period :
Meridian Energy Ltd Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 6
Average target price 3,40  NZD
Spread / Average Target -14%
EPS Revisions
Managers
NameTitle
Neal Barclay Chief Executive Officer
Christopher John David Moller Chairman
Paul Chambers Chief Financial Officer
Peter David Wilson Deputy Chairman
Anake Angus Murray Goodall Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
MERIDIAN ENERGY LTD6 984
CHINA YANGTZE POWER CO.6.05%55 468
INNOGY SE1.08%26 007
TENAGA NASIONAL BHD--.--%18 251
GD POWER DEVELOPMENT CO.7.42%8 061
SICHUAN CHUANTOU ENERGY STOCK CO LTD11.30%6 426