Meridian's Powershop in licensing deal with UK npower

Mon, 16 Nov 2015

By Sophie Boot Nov. 17 (BusinessDesk) - Meridian Energy subsidiary Powershop has entered a franchise licence agreement with UK-based electricity generator and supplier RWE npower. The deal will see Powershop's electricity retail platform and brand used by npower, one of the UK's 'Big Six' energy retailers with about 10 percent of Great Britain's domestic electricity market, the Wellington-based company said in a statement. Powershop started retailing electricity in New Zealand in 2009, and launched in the Australian market with Meridia...

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