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Meridian Energy Limited (MEL.NZ)

NZSE - NZSE Delayed price. Currency in NZD
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5.84+0.08 (+1.39%)
As of 04:59PM NZST. Market open.

Meridian Energy Limited

287-293 Durham Street North
Christchurch Central
Christchurch 8013
New Zealand
64 4 381 1200
https://www.meridianenergy.co.nz

Sector(s)Utilities
IndustryUtilities - Renewable
Full-time employees878

Key executives

NameTitlePayExercisedYear born
Mr. Neal Barclay BCA, CA (NZICA)Chief Executive Officer1.87MN/AN/A
Mr. Mike RoanCFO and GM of Finance & StrategyN/AN/AN/A
Mr. Bharat RatanpalChief Information OfficerN/AN/AN/A
Owen HackstonInvestor Relations ManagerN/AN/AN/A
Mr. Jason WoolleyGeneral Counsel & Company SecretaryN/AN/AN/A
Philip ClarkHead of CommunicationsN/AN/AN/A
Mr. Jason Stein BCA, LLBChief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty LimitedN/AN/AN/A
Ms. Claire ShawGeneral Manager of Corporate Affairs & SustainabilityN/AN/AN/A
Ms. Lisa HannifinChief Customer OfficerN/AN/AN/A
Mr. Rory BlundellGroup Strategy ManagerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NZD.

Description

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

Corporate governance

Meridian Energy Limited’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 10; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.