Investor news

Meridian Energy has released its monthly operating report for the month of August 2017.

Highlights this month include:

  • In the month to 6 September 2017, national hydro storage increased from 67% to 87% of historical average
  • South Island storage sat at 79% of average and North Island storage at 116% of average on 6 September 2017
  • Meridian’s August 2017 monthly total inflows were 140% of historical average
  • Meridian’s Waitaki catchment storage at the end of August 2017 was 83% of historical average
  • Storage in Meridian’s Waiau catchment rose to above average by the end of August 2017
  • During August 2017, Meridian ceased accessing cover under the swaption contract with Genesis
  • National electricity demand in August 2017 was 2.3% lower than the same month last year
  • August 2017 was the 3rd warmest August on record with wet conditions in central and southwestern parts of both islands
  • Meridian’s retail sales volumes in August 2017 increased by 8.6% compared to August 2016
For investor relations queries, please contact: For media queries, please contact:

Owen Hackston
Investor Relations Manager
021 246 4772

Polly Atkins
External Communications Specialist
021 174 1715