Meridian Energy Limited (MEL.NZ)

5.92 -0.05 (-0.92%) As of 10:39AM NZDT. Market open.

Meridian Energy Limited

98 Customhouse Quay
Level 2 PO Box 10840
Wellington 6143
New Zealand
64 4 381 1200
https://www.meridianenergy.co.nz

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 936

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Neal Barclay BCA, CA (NZICA)	Chief Executive Officer	2.28M	N/A	N/A
Mr. Mike Roan	CFO and GM of Finance & Strategy	N/A	N/A	N/A
Mr. Bharat Ratanpal	Chief Information Officer	N/A	N/A	N/A
Owen Hackston	Investor Relations Manager	N/A	N/A	N/A
Mr. Jason Woolley	General Counsel & Company Secretary	N/A	N/A	N/A
Philip Clark	Head of Communications	N/A	N/A	N/A
Mr. Jason Stein BCA, LLB	Chief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited	N/A	N/A	N/A
Ms. Claire Shaw	General Manager of Corporate Affairs & Sustainability	N/A	N/A	N/A
Ms. Lisa Hannifin	Chief Customer Officer	N/A	N/A	N/A
Mr. Rory Blundell	Group Strategy Manager	N/A	N/A	N/A

Amounts are as of 31 December 2024, 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. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. It also offers software development, professional, and insurance services. 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 October 2024 is 5. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 10; Compensation: 4.

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.