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  5. Mercury NZ Limited
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    MCY   NZMRPE0001S2

MERCURY NZ LIMITED

(MCY)
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Business Summary
Mercury NZ Limited, formerly Mighty River Power Limited, is engaged in energy retail business. The Company is an electricity retailor and generator, which is engaged in providing energy services to homes, businesses and industrial customers throughout New Zealand. The Company's segments include Energy Markets and Other Segments. The Energy Markets segment encompasses activities associated with the production, sale and trading of energy and related services and products, and generation development activities. The Other Segments includes metering and international geothermal development and operations. The Company sells electricity, through multiple retail brands, including GLOBUG, Tiny Mighty and Bosco. Its generation consists of two fuel sources: hydro and geothermal. It operates approximately nine hydro plants along the Waikato River. The Company supplies metering infrastructure and services to the utility sector across New Zealand.

Number of employees : 786 people.
Sales per Business
2020
Generation/Wholesale1 318.0075.3%
Retail752.0043%
NZD in Million
Sales per region
20192020Delta
New Zealand2 000.00100%1 768.00101% -11.6%
NZD in Million
Managers
Name Title Age Since
Vincent Hawksworth Chief Executive Officer - 2020
William Meek Chief Financial Officer - 1999
Patrick Strange Independent Non-Executive Director - 2014
Keith Raymond Smith Independent Non-Executive Director 67 2009
James Bruce Miller Independent Non-Executive Director - 2012
Andrew Lark Independent Non-Executive Director 52 2014
Michael Taitoko Independent Non-Executive Director - 2015
Scott St. John Independent Non-Executive Director - 2017
Hannah Hamling Independent Director - 2020
Tim Thompson Head-Treasury - -
Members of the board
Name Title Age Since
Prudence Flacks Chairman - 2019
Patrick Strange Independent Non-Executive Director - 2014
Keith Raymond Smith Independent Non-Executive Director 67 2009
James Bruce Miller Independent Non-Executive Director - 2012
Andrew Lark Independent Non-Executive Director 52 2014
Michael Taitoko Independent Non-Executive Director - 2015
Scott St. John Independent Non-Executive Director - 2017
Hannah Hamling Independent Director - 2020
Kim Gordon Director - 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,439,012,517 606,410,299 42.1% 39,000,000 2.7% 42.1%
Shareholders
NameEquities%
Government of New Zealand 732,789,318 53.8%
Accident Compensation Corp. 26,322,539 1.93%
The Vanguard Group, Inc. 17,064,975 1.25%
Guardians of New Zealand Superannuation 15,179,433 1.11%
BlackRock Fund Advisors 11,910,857 0.87%
Norges Bank Investment Management 7,770,027 0.57%
Newton Investment Management Ltd. 5,032,406 0.37%
Salt Funds Management Ltd. 3,512,307 0.26%
BlackRock Advisors (UK) Ltd. 3,205,139 0.24%
Geode Capital Management LLC 3,002,074 0.22%
Holdings
NameEquities%Valuation
TILT RENEWABLES LIMITED (TLT) 75,075,962 19.9% 438,335,509 USD
Company contact information
Mercury NZ Ltd.
109 Carlton Gore Road
Level 3
Auckland 1142

Phone : +64.9.308.8200
Fax : +64.9.308.8209
Web : http://www.mercury.co.nz