Meridian

Meridian is New Zealand’s largest electricity company and producer of renewable energy in the country. They own and operate five wind farms and seven hydro power stations in NZ and are working on rolling out the largest commercial solar programme in the country. The company also has a presence in the Australian market through ownership of two wind farms and three hydro plants.

Meridian is listed on both the NZX and ASX and is the largest energy company on the NZX in terms of market capitalisation. The company currently employs around 1,000 people, Neal Barclay has been CEO since 2018.


Company Details

Registered Office: 287-293 Durham Street North, Christchurch 8013, New Zealand
Postal Address: PO Box 10840, The Terrace, Wellington 6143
Telephone: +64-4-381-1200
Facsimile: n/a
Website: http://www.meridianenergy.co.nz/
First Listed: 30/04/2015
Balance Date: 30 June
AGM: 12/10/2023

Directors and Executives

Neal Barclay
Chief Executive Officer
David Carter
Independent Director
Graham Cockroft
Independent Director
Chris Ewers
General Manager
Lisa Hannifin
General Manager
Michelle Henderson
Independent Director
Julia Hoare
Independent Director
Tania Palmer
General Manager
Michael Roan
Chief Financial Officer
Nagaja Sanatkumar
Independent Director
Tania Simpson
Independent Director
Mark Verbiest
Chairman
Guy Waipara
General Manager
Jason Woolley
Company Secretary

Announcements

Title Date Type
D&O Ongoing Disclosure Notices Thu, Apr 17 2025 02:57 pm SHINTR
Meridian Energy monthly operating report for March 2025 Wed, Apr 16 2025 08:30 am MKTUPDTE
Ongoing D&O Disclosures Fri, Apr 04 2025 04:13 pm SHINTR
Ongoing D&O Disclosures Mon, Mar 31 2025 03:41 pm SHINTR
Ongoing D&O Disclosures Wed, Mar 26 2025 10:53 am SHINTR
Capital Change Notice Relating to the DRP Wed, Mar 26 2025 09:22 am SECISSUE
Meridian to proceed with $227m Ruakākā Solar Farm Tue, Mar 25 2025 08:30 am GENERAL
Meridian Energy AUD FX rate for 2025 interim dividend Thu, Mar 20 2025 02:26 pm GENERAL
Meridian Energy monthly operating report for February 2025 Mon, Mar 17 2025 08:30 am MKTUPDTE
Dividend reinvestment plan strike price Thu, Mar 13 2025 09:14 am GENERAL

Major Holdings Announcements

Date Name No. Held % Current
20/04/21 BlackRock, Inc. and related bodies 85,400,202 7.09 3.33

Director’s Interests Announcements

Date Name No. Held % Details Other
31/01/24 Neal Anthony Barclay 530,575 - - -
31/01/24 Michael John Roan 253,748 - - -
05/10/23 Julia Hoare 8,328 - - -
05/10/23 Mark Verbiest 49,302 - - -
08/09/23 Tania Simpson 5,140 - - -
01/08/23 David Powell Carter 18,000 - - -
19/04/23 Janice (Jan) Dawson 54,510 - - -
19/04/23 Michelle Anne Henderson 13,721 - - -
30/08/22 Graham John Cockroft 40,000 - - -
02/03/22 Nagaja Tharanginee Sana 8,769 - - -
02/11/21 Mark Cairns 239,861 - - -
13/03/19 Paul Thomas Chambers 445,294 - - -
07/09/18 Paul Chambers 444,964 - - -
26/01/18 Mark James Binns 692,691 - - -
15/11/17 Mark Binns 692,408 - - -
09/10/17 Peter Wilson 99,170 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 320.4 19.5 18.6 4,369.0 507.8 819.7
high 320.4 19.5 18.6 4,369.0 507.8 819.7
low 320.4 19.5 18.6 4,369.0 507.8 819.7
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 22/09/2023


Markets News

Ebos buys Vital Petfoods assets from receiver
Markets

Ebos buys Vital Petfoods assets from receiver

Distressed assets have been snapped up by the pet food maker.

Denise McNabb 18 Apr 2025
Markets Market close

Tourism Holdings and inflation updates drive NZX up

Tourism Holdings could be one of the most directly impacted shares of the US tariffs.

Tom Raynel 17 Apr 2025
Tourism Holdings and inflation updates drive NZX up
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
Potential Mainland buyers may soon tap regulators
Markets

Asian markets lift on US/Japan trade talks

Shares in Tokyo rose along with Hong Kong and others.

AFP 17 Apr 2025
Asian markets lift on US/Japan trade talks
Markets

Trumpfugees? US investors top golden visa list

More than $300m in new investment could be NZ bound thanks to revamped visa programme.

Trumpfugees? US investors top golden visa list