Mercury NZ
Mercury NZ Ltd (Mercury), formerly Mighty River Power Ltd, is an energy company integrating electricity generation, retail and sales. It generates energy from hydroelectric, wind and geothermal sources. The company operates various power projects in the South and North of the island. Mercury retails energy to households, businesses and industrial customers nationwide under the GLOBUG and Bosco brands. It also provides advanced measurement infrastructure and data services. The bulk of the company's fleet has been converted to electric or plug-in hybrid vehicles to facilitate the move to renewable energy. The corporation has offices in Chile, Germany, Peru, the United Kingdom, and Ireland. Mercury's headquarters are in Auckland, New Zealand.
Mercury NZ Limited is traded on the ASX and the NZX under the ticker MCY. Mercury NZ Limited and its subsidiaries are involved in the production, sale, and sale of electricity and other associated businesses in New Zealand. It owns and manages nine hydroelectric power units along the Waikato River and five geothermal power stations in the central North Island. Under the GLOBUG, Trustpower, and Mercury brands, the corporation provides electricity to residential, commercial, industrial, and spot market consumers. It also offers pipeline and telecommunications services, as well as natural gas and other products and services.
Mercury NZ, one of the country's four major electricity suppliers and generators, generates more than 15% of New Zealand's electricity. Because all of its electricity is currently developed from renewable sources, it is one of the most affordable electricity providers. The corporation owns and runs nine hydropower units and five geothermal power plants on the North Island. Mercury sells power to residential and commercial clients and has the most outstanding market share in Auckland.
Founded: 1998
Headquarters: Auckland, New Zealand
Website: https://www.mercury.co.nz