Meridian Energy Limited

NZSE:MEL.NZ

Sector

🔌 Utilities

Industries

🚰 General Utilities

⚡️ Electricity

🌊 Hydro Energy

🌞 Renewables

☀️ Solar Energy

Location

New Zealand

Market Cap

USD 8.87 B

Share Price

USD 3.39

Avg Daily Volume

1,494,139

Change (1 day)

-1.29%

Change (1 year)

-10.93%

Change (YTD)

2.59%

Meridian Energy Limited Free Cash Flow for the year ending June 30, 2024: USD 211.02 M

Meridian Energy Limited Free Cash Flow is USD 211.02 M for the year ending June 30, 2024, a 91.08% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Meridian Energy Limited Free Cash Flow for the year ending June 30, 2023 was USD 110.44 M, a -38.74% change year over year.
Meridian Energy Limited Free Cash Flow for the year ending June 30, 2022 was USD 180.28 M, a -18.52% change year over year.
Meridian Energy Limited Free Cash Flow for the year ending June 30, 2021 was USD 221.27 M, a -36.63% change year over year.
Meridian Energy Limited Free Cash Flow for the year ending June 30, 2020 was USD 349.17 M, a -8.17% change year over year.

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Key data

Date	Free Cash Flow	Operating Cash Flow	Capital Expenditure	Net Cash Used For Investing Activities

NZSE: MEL.NZ

Meridian Energy Limited

CEO	Mr. Neal Barclay BCA, CA (NZICA)
IPO Date	Oct. 28, 2013
Location	New Zealand
Headquarters	55 Lady Elizabeth Lane
Employees	936
Sector	🔌 Utilities
Industries General Utilities ⚡️ Electricity 🌊 Hydro Energy 🌞 Renewables ☀️ Solar Energy

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 wind farms, hydro power stations, 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. Meridian Energy Limited Operates as subsidiary of New Zealand Government