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Meridian

Meridian full year underlying profit up 29 pct

Meridian full year underlying profit up 29 pct
Wellington, Aug 24 NZPA - State-owned Meridian Energy lifted full year underlying profit 29 percent to $251.9 million, with revenue boosted by good lake storage and inflows during the year and commissioning of the West Wind wind farm near Wellington.

Meridian takes 50 pct of $A1b Australian wind farm project

Meridian takes 50 pct of $A1b Australian wind farm project
Wellington, Aug 12 NZPA - Meridian Energy is taking a 50 percent share in the development of a Victorian wind farm estimated to cost around $A1 billion ($1.26b).

NZ to help fund solar energy in Tonga

NZ to help fund solar energy in Tonga
Wellington, July 7 NZPA - New Zealand is to help fund the construction of a solar power plant in Tonga which will lessen the need for reliance on polluting diesel-generated power.

Companies already planning power price increases

Companies already planning power price increases
Wellington, May 26 NZPA - Two power companies will increase their prices and blame the emissions trading scheme (ETS).

Meridian switches on US solar plant

Meridian switches on US solar plant
Wellington, May 13 NZPA - State owned enterprise Meridian Energy says its US subsidiary has commissioned its first solar power plant in California and connected it to the local grid.

Meridian Aust wind farm purchase won't hurt ratings

Meridian Aust wind farm purchase won't hurt ratings
Wellington, May 11 NZPA - State-owned Meridian Energy will have to take a cautious approach to development after the $A191 million ($NZ239m) purchase of the Mt Millar wind farm in South Australia if it wants to retain its credit ratings, Standard & Poor's said.

Meridian buying Australian wind farm for $A191m

Meridian buying Australian wind farm for $A191m
Wellington, May 11 NZPA - State-owned Meridian Energy is paying $A191 million ($NZ239m) for the Mt Millar wind farm in South Australia.

Meridian says govt plans no influence on behaviour

Meridian says govt plans no influence on behaviour
Wellington, May 4 NZPA - Power prices are being pushed up by Meridian's strategy of holding back water in the Waitaki hydro system to protect itself against changes aimed at improving the electricity market, according to analysts.

Consent for dam wrong - Greens

Consent for dam wrong - Greens
Wellington, April 6 NZPA - Allowing a 80-metre high hydro dam to be built on the Mokihinui River north of Westport is wrong, the Green Party says. Meridian Energy today received resource consent for the dam.

Meridian Given Environment Court Nod On Wind Farm

Meridian Given Environment Court Nod On Wind Farm
Wellington, Jan 27 NZPA - Meridian Energy can proceed with a central North Island wind farm, following an Environment Court ruling.

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