Investor news

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

Highlights this month include:

  • In the month to 9 August 2017, national hydro storage increased from 64% to 67% of historical average
  • South Island storage sat at 60% of average and North Island storage at 94% of average on 9 August 2017
  • Meridian’s July 2017 monthly total inflows were 93% of historical average
  • Meridian’s Waitaki catchment storage at the end of July 2017 was 56% of historical average
  • Storage in Meridian’s Waiau catchment remained below average at the end of July 2017
  • During July 2017, Meridian continued accessing cover under the swaption contract with Genesis
  • National electricity demand in July 2017 was 2.7% higher than the same month last year
  • July 2017 temperatures were below or near average for most of the country with record breaking rainfall
  • for the eastern South Island
  • Meridian’s retail sales volumes in July 2017 increased by 14.3% compared to July 2016
For investor relations queries, please contact: For media queries, please contact:

Owen Hackston
Investor Relations Manager
021 246 4772

Philippa Norman
External Communications Specialist
021 707 854