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  1. Homepage
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  5. Meridian Energy Limited
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    MEL   NZMELE0002S7

MERIDIAN ENERGY LIMITED

(MEL)
  Report
End-of-day quote New Zealand Stock Exchange  -  2022-12-08
5.050 NZD   +0.60%
11/25Meridian Energy Limited 's Equity Buyback announced on November 10, 2022 has closed with the repurchase of 489,925 shares, representing 0.02% for NZD 2.27 million.
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11/24Meridian Energy Completes Share Buyback Program
MT
11/24Tranche Update on Meridian Energy Limited's Equity Buyback Plan announced on November 10, 2022.
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SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
Business Summary
Meridian Energy Limited is a New Zealand-based company. The Company 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 and licensing of the Powershop platform in the United Kingdom. The Company supplies electricity to power homes, businesses and farms.

Number of employees : 1 007 people.
Sales per Business
20212022Delta
New Zealand Wholesale3 181.0074%2 597.0092.6% -18.36%
New Zealand Retail1 677.0039%198.007.1% -88.19%
Australia334.007.8%106.003.8% -68.26%
Other & Unallocated55.001.3%41.001.5% -25.45%
NZD in Million
Sales per region
20212022Delta
New Zealand3 948.0091.9%3 695.0099.8% -6.41%
United Kingdom15.000.3%8.000.2% -46.67%
NZD in Million
Managers
Name Title Age Since
Neal Barclay Chief Executive Officer - 2018
Michael John Roan Chief Financial Officer - 2019
Bharat Ratanpal Chief Information Officer - 2022
Owen Hackston Manager-Investor Relations - 2013
Jason Woolley Secretary & General Counsel - 2020
Guy Waipara General Manager-Development - 2021
Tania Palmer General Manager-Generation - 2021
Lisa Hannifin Chief Customer Officer - 2019
Claire Shaw General Manager-Corporate Affairs & Sustainability - 2020
Jason Stein Chief People Officer - 2022
Members of the board
Name Title Age Since
Mark Verbiest Chairman - 2019
Mark Cooper Cairns Independent Non-Executive Director 71 2012
Janice Amelia Dawson Independent Non-Executive Director 67 2012
Julia Cecile Hoare Independent Non-Executive Director - 2019
Michelle Anne Henderson Independent Non-Executive Director - 2019
Nagaja Sanatkumar Independent Non-Executive Director - 2020
Tania Joy Te Rangingangana Simpson Independent Non-Executive Director - 2021
Graham John Cockroft Non-Executive Director 58 2022
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,578,869,011 1,263,558,234 49.0% 0 0.0% 49.0%
Shareholders
NameEquities%
Government of New Zealand 1,353,786,550 52.4%
BlackRock Fund Advisors 52,615,106 2.04%
Accident Compensation Corp. 52,164,972 2.02%
The Vanguard Group, Inc. 32,194,387 1.25%
Guardians of New Zealand Superannuation 27,861,509 1.08%
Norges Bank Investment Management 18,122,358 0.70%
BlackRock Advisors (UK) Ltd. 15,828,697 0.61%
ANZ New Zealand Investments Ltd. 14,455,001 0.56%
Nordea Investment Management AB 12,043,110 0.47%
BlackRock Investment Management (UK) Ltd. 11,610,565 0.45%
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
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