Investor news

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

Highlights this month include:

  • In the month to 8 July 2019, national hydro storage decreased from 122% to 108% of historical average
  • South Island storage sat at 114% of average and North Island storage at 73% of average on 8 July 2019
  • Meridian’s June 2019 monthly total inflows were 100% of historical average
  • Meridian’s Waitaki catchment storage at the end of June 2019 was 121% of historical average
  • Storage in Meridian’s Waiau catchment was slightly below average at the end of June 2019
  • National electricity demand in June 2019 was 1.9% lower than the same month last year
  • Meridian made calls on load under the Genesis Swaption in June and early July 2019
  • June 2019 was an unusually dry month across much of the country. Temperatures were near average for most of the North Island and more variable in the South Island
  • New Zealand Aluminium Smelter's load during June 2019 was below the contract level of 622MW
  • Meridian’s New Zealand retail sales volumes in June 2019 were 9.1% higher than June 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 Media Team
MediaTeam@meridianenergy.co.nz
0800 948 843