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Meridian Energy Limited (MEL.NZ)

NZSE - NZSE Delayed price. Currency in NZD
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4.7500-0.0500 (-1.04%)
At close: 05:00PM NZDT

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 employees925

Key executives

NameTitlePayExercisedYear born
Mr. Neal Barclay BCA, CA (NZICA)Chief Exec. Officer1.78MN/AN/A
Mr. Mike RoanCFO and GM of Fin. & StrategyN/AN/AN/A
Mr. Bharat RatanpalChief Information OfficerN/AN/AN/A
Owen HackstonInvestor Relations Mang.N/AN/AN/A
Mr. Jason Stein BCA, LLBChief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty LimitedN/AN/AN/A
Mr. Jason WoolleyGen. Counsel & Company Sec.N/AN/AN/A
Rheilli UluilelataExternal Communications Mang.N/AN/AN/A
Ms. Claire ShawGen. Mang. of Corp. Affairs & SustainabilityN/AN/AN/A
Ms. Lisa HannifinChief Customer OfficerN/AN/AN/A
Ms. Nic KennedyChief Exec. Officer of Flux Federation LimitedN/AN/AN/A
Amounts are as of 31 December 2022, 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. As of June 30, 2022, 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 solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, 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 and changed its name to Meridian Energy Limited in March 1999. 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 28 November 2022 is 6. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 10; Compensation: 6.

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.