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Tim Lusk

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).

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.

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 to pay $89.6m interim dividend

Meridian to pay $89.6m interim dividend
Wellington, March 30 NZPA - State-owned generator Meridian Energy Ltd will pay an interim dividend to the Government of $89.58 million.

Meridian Energy On Track For Higher Annual Profit

Meridian Energy On Track For Higher Annual Profit
Wellington, Feb 24 NZPA - State-owned Meridian Energy Ltd has reported a rise in interim profit and said it is on track to beat last year's annual underlying profit under mostly hydrology conditions.

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.

Brownlee's Tekapo Giveaway `May Lead To Higher Prices'

Brownlee's Tekapo Giveaway `May Lead To Higher Prices'
Wellington, Dec 10 NZPA - Energy Minister Gerry Brownlee's proposed re-jig of the electricity sector may actually raise electricity prices and reduce the security of power supply, says a retailer in the sector.

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