Investor news

Meridian Energy Limited's monthly operating report for the month of May 2019 can be found here.

Highlights this month include:

  • In the month to 13 June 2019, national hydro storage increased from 107% to 122% of historical average
  • South Island storage sat at 129% of average and North Island storage at 78% of average on 13 June
  • Meridian’s May 2019 monthly total inflows were 165% of historical average
  • Meridian’s Waitaki catchment storage at the end of May 2019 was 126% of historical average
  • Storage in Meridian’s Waiau catchment was above average at the end of May 2019
  • National electricity demand in May 2019 was 2.0% lower than the same month last year
  • Meridian made calls on load under the Genesis Swaption in May and early June 2019
  • May 2019 was the third warmest May on record with warmer than average conditions across the whole
    country. Rainfall was well above average in the western and lower South Island and below average for
    much of the North Island
  • New Zealand Aluminium Smelter's load during May 2019 was below the contract level of 622MW
  • Meridian’s retail sales volumes in May 2019 were 8.5% higher than May 2018

Neal Barclay
Chief Executive
Meridian Energy Limited

For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772

For media queries, please contact:
Meridian Media Team
0800 948 843