Investor news

Standard & Poor’s Global Ratings has revised its credit rating outlook for Meridian Energy Limited (MEL) to BBB+/Negative from BBB+/Stable.

Standard & Poor’s stated that the negative outlook reflects the risk of a challenging operating environment for the two to three years post the closure of Rio Tinto’s New Zealand Aluminum Smelter on 31st August 2021.

At the same time, Standard & Poor’s affirmed Meridian’s ‘BBB+’ long-term issuer credit rating and ‘A2’ short term issuer credit rating. 

ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

 

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Owen Hackston
Investor Relations Manager
021 246 4772
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MediaTeam@meridianenergy.co.nz