Meridian Energy

Meridian Energy Ltd is a state-owned energy corporation specializing in power production, sales, and retail. It generates power using renewable energy sources like wind and water. It also purchases electricity from the wholesale market. In New Zealand, the corporation provides power to homes, companies, and farms. Meridian Energy runs hydroelectric projects on New Zealand's Waitaki River and Lake Manapouri and wind generating stations.

The company has offices in New Zealand and the United Kingdom. Meridian Energy's corporate headquarters are in Wellington, New Zealand. Meridian is New Zealand's largest power-producing plant, including hydropower units and wind farms nationwide. Almost 90% of its electricity comes from low-cost hydroelectric power facilities, with the balance coming from wind energy.

Meridian Energy Limited manufactures, sells, and retails electricity to New Zealand, Australia, and the United Kingdom residential, commercial, and industrial consumers. It generates power using 7 hydroelectric plants, 5 capacity wind farms, and solar farms as of June 30, 2022. In addition, the company offers management, insurance, financial, professional, fiduciary, and software development services. In March 1999, the company changed its name from Hydro Energy Limited to Meridian Energy Limited. Meridian Energy is a firm with a mixed ownership structure, with the New Zealand government owning 51% of the company.

Founded: 1998
Headquarters: Wellington, New Zealand
Website: https://www.meridianenergy.co.nz/