Meridian Energy Limited released its monthly operating report for the month of June 2022, which revealed increases in hydro storage, inflows, retail sales, and customer numbers compared to the same month last year.

In the fourth quarter, Meridian’s New Zealand generation was 5.1% higher than Q4 last year, at a 29.8% lower average price.

Total operating costs and capital expenditure were also higher in comparison to Q4 last year.

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