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AU & NZ ENTERPRISE PROFILES

Meridian Energy Limited - Australian Company Profile

Enterprise Type: Public Company

ASX Code: MEZ

What does Meridian Energy Limited do?

Meridian Energy Limited is a New Zealand public listed company, deriving its revenue from the generation and retail sale of renewable energy. The company employs approximately 1,090 people, operates primarily in New Zealand and also in Australia, the United Kingdom and Tonga, through its subsidiaries, and is administered by its head office in Wellington. Meridian Energy is a mixed ownership model company, with the New Zealand Government retaining a 51% interest in the company.

The company is listed on the Australian Stock Exchange under the code MEZ and is also listed on the New Zealand Stock Exchange under the code MEL.

Meridian Energy Limited - Products & Brands

Meridian Energy Limited derives its revenue through the generation and retail of renewable energy and it owns and operates the following electricity generating operations:

Wind: 

  • Te Apiti wind farm in north of Manawatu Gorge
  • White Hill wind farm in Southland
  • West Wind farm in Makara, west of Wellington 
  • Brooklyn wind turbine, Wellington
  • Mill Creek wind farm in Ohariu Valley, northwest of Wellington
  • Te Uku wind farm near Raglan
  • Harapaki, currently under construction in Hawke’s Bay
  • Ross Island wind farm, Antarctica

Hydro:

  • Manapouri hydro power station in Fiordland National Park
  • Benmore hydro power station in Lake Benmore
  • Aviemore hydro power station, North Otago
  • Ohau A, OhauB and OhauC hydro power stations located in the Mackenzie Basin, North Otago

Solar:

  • Maama Mai solar farm in Tongatapu, Tonga

The energy retail arm of Meridian Energy Limited operates through its Meridian and Powershop brands throughout New Zealand and the United Kingdom.

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Meridian Energy Limited - Financial Statements

pie_chart Meridian Energy Limited Financial Profit & Loss Account

BALANCE DATE6/30/20236/30/20226/30/20216/30/20206/30/2019
Sales Revenue2,950,7003.43.63.13.2
Other Revenue0000000000000000000000000
Total Revenue0000000000000000000000000
Cost of Goods Sold0000000000000000000000000
Depreciation0000000000000000000000000
R & D Expenditure0000000000000000000000000
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Meridian Energy Limited - Financial Ratios

pie_chart Meridian Energy Limited Financial Growth

BALANCE DATE6/30/20236/30/20226/30/20216/30/20206/30/2019
Total Revenue Growth-20.71-2.1623.28-4.1328.26
Sales Revenue Growth0000000000000000000000000
EBITDA0000000000000000000000000
NPAT0000000000000000000000000
Shareholder's Funds0000000000000000000000000
AAAAAA AAAAAA0000000000000000000000000

pie_chart Meridian Energy Limited Financial Ratios

BALANCE DATE6/30/20236/30/20226/30/20216/30/20206/30/2019
Return on Revenue (ROR) (%)2.916.210.25.19.5
Return on Shareholders’ Funds (ROSF) (%)0000000000000000000000000
Return on Assets (ROA) (%)0000000000000000000000000
Profit Margin (%)0000000000000000000000000
Revenue per Employee ($’000 per person)0000000000000000000000000
AAAAAA AAAAAA0000000000000000000000000
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Meridian Energy Limited's Competitive Environment

Meridian Energy Limited operates in the following industries:

Meridian Energy Limited's main competitors:

  • Suncorp Group Limited
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Enterprise Profiles - table of contents

Enterprise Details

Get a high-level overview of Meridian Energy Limited, including registered business details, an enterprise synopsis, SWOT analysis and main brands and products.

Key Personnel

We outline the key personnel at Meridian Energy Limited by position type and title.

Enterprise Financials

Get a full view of Meridian Energy Limited’s financials, including Profit and Loss Account (Revenue, Interest, Profit and Loss, and Audit Fees) and Balance Sheet (Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities, Shareholders’ Equity), as well as Number of Employees, Number of Share on Issue, Market Capitalisation and Earnings per Share where available. Note: we do not provide a full financial details for all company profiles.

Growth & Ratios

Get a clearer picture of Meridian Energy Limited’s performance, with key financial ratios and data on financial growth.

Operating Segments

Understand the main operating divisions of Meridian Energy Limited, including Revenue and Assets under each Segment, Industries and Geographic Locations Meridian Energy Limited operates in.

Competitor Benchmarking

Compare Meridian Energy Limited’s financial ratios and growth to peers in their industries of operation for a clearer picture of performance.

Major Shareholders

We outline the ultimate parent and largest shareholders of Meridian Energy Limited.

Subsidiaries

View a list of Meridian Energy Limited’s associated companies, holding company, joint ventures and trusts, both domestic and international.

History

Find out more about the history and background of Meridian Energy Limited, including founding information, past announcements, mergers and major projects.

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Included in Report

  • Enterprise History & Synopsis
    Enterprise History & Synopsis
  • Enterprise Financial Statements
    Enterprise Financial Statements
  • Financial Ratios
    Financial Ratios
  • Industry Averages
    Industry Averages
  • Competitive Landscape
    Competitive Landscape
  • Key Enterprise Personnel
    Key Enterprise Personnel
  • Subsidiaries & Ownership Structure
    Subsidiaries & Ownership Structure

Why buy this enterprise profile on Meridian Energy Limited?

IBISWorld enterprise profiles enable you to:

  • Understand a enterprise’s competitive landscape
  • Identify industry trends a enterprise is exposed to
  • Inform your decisions for marketing, strategy and planning
  • Target key enterprise personnel

The profile on Meridian Energy Limited includes:

  • Enterprise History and Synopsis
  • Overview of Brands and Products
  • Enterprise Financial Statements and Financial Ratios
  • Key Enterprise Personnel
  • Subsidiaries, Shareholders and Ownership Structure
  • Service Providers

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