Mercury's quarterly operational update highlights an increase in geothermal and wind generation.
The company also noted elevated prices in the 2024 financial year, with commercial and industrial yields and mass market yields growing.
However, gas yield was squeezed because of supply constraints.
Mercury also announced that construction is under way for the Kaiwera Downs 2 wind farm, supported by an agreement with New Zealand Aluminium Smelters.
The update reflects the company's ongoing focus on renewable energy.
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