Investor news

Meridian Energy Limited's monthly operating report for the month of August 2019 is attached.
Highlights this month include:

  • In the month to 6 September 2019, national hydro storage decreased from 106% to 97% of historical average
  • South Island storage sat at 98% of average and North Island storage at 94% of average on 6 September 2019
  • Meridian’s August 2019 monthly total inflows were 99% of historical average
  • Meridian’s Waitaki catchment storage at the end of August 2019 was 123% of historical average
  • Storage in Meridian’s Waiau catchment was above average at the end of August 2019
  • National electricity demand in August 2019 was 2.4% higher than the same month last year
  • August 2019 saw variable temperatures and rainfall patterns across the country with a predominately cooler
    southwesterly wind flow
  • New Zealand Aluminium Smelter's load during August 2019 was below the contract level of 622MW
  • Meridian’s New Zealand retail sales volumes in August 2019 were 19.1% higher than August 2018

ENDS

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:
Claire Shaw
Corporate Communications Manager
021 370 677