Meridian Energy Ltd - Company Profile
Powered by 
All the sales intelligence you need on Meridian Energy Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Meridian Energy Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Meridian Energy Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Meridian Energy Ltd (Meridian Energy) is a major renewable energy generator and retailer in New Zealand. The company's primary activities include the generation and retailing of electricity, with a focus on renewable energy sources. Meridian Energy also operates hydro power stations and wind farms, and also purchases electricity generated from solar panels installed by partner organizations. The company sells electricity to residential and business customers under its brands, namely, Meridian and Powershop. The company operates primarily in New Zealand, with ongoing projects in regions including Hawke’s Bay, Wairarapa, Manawatu, Northland, and northwest of Christchurch. Meridian Energy is headquartered in Wellington, New Zealand.
Headquarters
New Zealand
Address
Level 2, 98 Customhouse Quay, Wellington, Wellington , 6011
Website
www.meridianenergy.co.nz
Telephone
64 4 3811200
No of Employees
984
Industry
Alternative Energy
Ticker Symbol & Exchange
MEL (NZE)
Revenue (2024)
$2.9B
-0.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-205.4%
(2024 vs 2023)
Market Cap*
$8.5B
Net Profit Margin (2024)
XYZ
-205.9%
(2024 vs 2023)
* As of and is in US$
Meridian Energy Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electricity | Retailing | Meridian |
| Wholesale Trade | Powershop | |
| Electric Vehicle Charging |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In October, the company announced the construction of 130 MW Ruakaka Solar Farm. |
| 2025 | Contracts/Agreements | In August, the company and Nova Energy Limited signed agreements to form a 50-50 joint venture to build and operate the 400MW Te Rahui solar farm. |
| 2025 | Contracts/Agreements | In August, the company signed an agreement with Genesis, Mercury and Contact to set up a strategic energy reserve at Huntly Power Station. |
Competitor Comparison
| Key Parameters | Meridian Energy Ltd | Genesis Energy Ltd | Mercury NZ Ltd | Contact Energy Ltd | Vector Ltd |
|---|---|---|---|---|---|
| Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
| City | Wellington | Auckland | Auckland | Wellington | Auckland |
| State/Province | Wellington | Auckland | Auckland | Wellington | Auckland |
| No. of Employees | 984 | 1,278 | 1,364 | 1,249 | 456 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Verbiest | Chairman | Executive Board | 2019 | - |
| Mike Roan | Chief Executive Officer | Senior Management | 2025 | - |
| Mandy Simpson | Chief Financial Officer | Senior Management | 2025 | - |
| BHARAT RATANPAL | Chief Information Officer | Senior Management | 2022 | - |
| Jason Stein | Chief People Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer