Investor news

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

Highlights this month include:

  • In the month to 13 January 2020, national hydro storage decreased from 175% to 123% of historical average
  • South Island storage sat at 121% of average and North Island storage at 132% of average on 13 January 2020
  • Meridian’s December 2019 monthly total inflows were 204% of historical average
  • Meridian’s Waitaki catchment storage at the end of December 2019 was 136% of historical average
  • Storage in Meridian’s Waiau catchment was well above average at the end of December 2019
  • Meridian made calls under the Genesis Swaption in early January 2020
  • National electricity demand in December 2019 was 4.9% higher than the same month last year
  • December 2019 saw wet and cool South Island conditions, while the North Island was warmer and drier than
    average
  • New Zealand Aluminium Smelter's load during December 2019 was below the contract level of 622MW
  • Meridian’s New Zealand retail sales volumes in December 2019 were 45.0% higher than December 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:
Meridian Energy Media Team
0800 948 843 

MediaTeam@meridianenergy.co.nz