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Meridian Energy Limited (ASX:MEZ)

ALERT: Price-sensitive ASX Announcement for MEZ
Current share price for MEZ : $4.740 -0.17 (-3.46%)+
Announcement
Release
13 Feb 2026 12:46PM
Price at Release
$4.910
Full Release
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Summary
The monthly operating report for January 2026 by Meridian Energy Limited details their energy production and financial activities. The report highlights a total generation volume of 1,373 GWh, comprised of hydro, wind, and BESS generation. The average generation price was reported at $1.1 NZD/MWh. Employee and operating costs were $22 million NZD. Retail sales volumes showed a mix of increases and decreases across different customer categories, with residential sales at 156 GWh and small-medium business sales at 144 GWh. The report also discusses hedging activities, with a hedging volume of 417 GWh and associated financial outcomes. Capital expenditures are documented with $5 million in stay-in-business and $13 million in investment capital expenditures, totaling $18 million NZD.
Key Points
  • Total generation volume in January 2026 was 1,373 GWh.
  • Average generation price was $1.1 NZD/MWh.
  • Employee and operating costs were $22 million NZD.
  • Retail sales: Residential 156 GWh, Small-medium business 144 GWh.
  • Hedging volume was 417 GWh.
  • Total capital expenditure was $18 million NZD.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.