Meridian

Meridian is New Zealand’s largest electricity company and producer of renewable energy in the country. They own and operate five wind farms and seven hydro power stations in NZ and are working on rolling out the largest commercial solar programme in the country. The company also has a presence in the Australian market through ownership of two wind farms and three hydro plants.

Meridian is listed on both the NZX and ASX and is the largest energy company on the NZX in terms of market capitalisation. The company currently employs around 1,000 people, Neal Barclay has been CEO since 2018.


Company Details

Registered Office: 287-293 Durham Street North, Christchurch 8013, New Zealand
Postal Address: PO Box 10840, The Terrace, Wellington 6143
Telephone: +64-4-381-1200
Facsimile: n/a
Website: http://www.meridianenergy.co.nz/
First Listed: 30/04/2015
Balance Date: 30 June
AGM: 18/10/2022

Directors and Executives

Neal Barclay
Chief Executive Officer
Mark Cairns
Independent Director
Graham Cockroft
Independent Director
Chris Ewers
General Manager
Lisa Hannifin
General Manager
Michelle Henderson
Independent Director
Julia Hoare
Independent Director
Tania Palmer
General Manager
Bharat Ratanpal
General Manager
Michael Roan
Chief Financial Officer
Nagaja Sanatkumar
Independent Director
Claire Shaw
General Manager
Tania Simpson
Independent Director
Mark Verbiest
Chairman
Guy Waipara
General Manager
Jason Woolley
Company Secretary

Announcements

Title Date Type
Meridian Energy monthly operating report for January 2024 Fri, Feb 16 2024 08:30 am MKTUPDTE
Interim results webcast and conference call details Fri, Feb 02 2024 03:10 pm GENERAL
D&O Ongoing Disclosure Notice Wed, Jan 31 2024 05:00 pm SHINTR
AMENDED - D&O Ongoing Disclosure Notice Thu, Jan 25 2024 08:30 am SHINTR
D&O Ongoing Disclosure Notice Wed, Jan 24 2024 04:11 pm SHINTR
Meridian Energy monthly operating report for December 2023 Wed, Jan 17 2024 08:30 am MKTUPDTE
Meridian Energy monthly operating report for November 2023 Fri, Dec 15 2023 08:30 am MKTUPDTE
Financial Assistance in Connection with Long-Term Incentive Wed, Dec 13 2023 01:32 pm GENERAL
D&O Ongoing Disclosure Notice Tue, Dec 05 2023 02:59 pm SHINTR
Meridian Interim Results Announcement Date Tue, Dec 05 2023 02:38 pm GENERAL

Major Holdings Announcements

Date Name No. Held % Current
20/04/21 BlackRock, Inc. and related bodies 85,400,202 7.09 3.33

Director’s Interests Announcements

Date Name No. Held % Details Other
18/11/22 Neal Anthony Barclay 529,216 - - -
18/11/22 Michael John Roan 251,767 - - -
28/10/22 Tania Simpson 44,892 - - -
14/10/22 Janice (Jan) Dawson 53,964 - - -
14/10/22 Julia Hoare 4,122 - - -
14/10/22 Mark Verbiest 47,650 - - -
30/08/22 Graham John Cockroft 40,000 - - -
02/03/22 Nagaja Tharanginee Sana 8,769 - - -
02/11/21 Mark Cairns 239,861 - - -
23/04/21 Michelle Anne Henderson 3,525 - - -
13/03/19 Paul Thomas Chambers 445,294 - - -
07/09/18 Paul Chambers 444,964 - - -
26/01/18 Mark James Binns 692,691 - - -
15/11/17 Mark Binns 692,408 - - -
09/10/17 Peter Wilson 99,170 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 292.4 17.9 18.0 3,857.9 470.0 759.9
high 292.4 17.9 18.0 3,857.9 470.0 759.9
low 292.4 17.9 18.0 3,857.9 470.0 759.9
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 18/11/2022


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