Mercury NZ Ltd (Mercury) generates, retails, and trades electricity. The company produces power from hydro, wind, and geothermal sources. It operates through hydro power plants. Mercury retails energy under GLOBUG and Bosco brands. The company also provides advanced metering infrastructure and data services to the electricity sector. Mercury operates its business through two segments: Generation/Wholesale and Retail. The segments’ revenue include inter segment eliminations. In FY2023, the company’s capital expenditure stood at NZD296 million, which declined 79.1%% YoY. As of June 30, 2023, the company had 20 power stations, which included nine hydro stations, five geothermal stations, and six wind stations.