- Release Date: 16/05/13 16:10
- Summary: GENERAL: MEL: Meridian named as next SOE to be listed
- Price Sensitive: No
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MEL 16/05/2013 14:10 GENERAL REL: 1410 HRS Meridian Energy Limited GENERAL: MEL: Meridian named as next SOE to be listed For immediate release: Thursday 16 May 2013 The Government announced today that Meridian Energy will be the next company to be listed as part of its Government Share Offer programme. Meridian Chief Executive Mark Binns says he is pleased Meridian has been confirmed as the next company to be listed. "Today's announcement provides certainty for our company. We are well prepared and look forward to the opportunity." Meridian will continue to work closely with the Government to prepare for the Share Offer. For further information about the Government's Share Offer programme, visit www.governmentshareoffers.govt.nz Due to Securities Act restrictions Meridian cannot make any further comment on the announcement today. ENDS Michelle Brooker External Communications Meridian Energy 021 225 9624 [email protected] meridian.co.nz About Meridian Meridian Energy is an integrated renewable energy company; the largest electricity generator in New Zealand, with a stromg pipline of development options in Australasia; andan electricity retailer throughout New Zealand. Meridian and its online subsidiary Powershop retail electricity to approximately 285,000 connections - homes, farms and businesses throughout New Zealand. The Meridian Energy Group includes a parent company Meridian Energy, subsidiary businesses in Australia and the USA and other innovative New Zealand investments that complement our core activities as an electricity generator and retailer. Meridian generates electricity from renewable sources - wind and water in New Zealand; wind in Australia; and solar in the USA. The company supplies 30 per cent of New Zealand's total electricity needs, including to the country's largest consumer, the New Zealand Aluminium Smelter. Meridian owns and operates seven hydro stations, six within the Waitaki Hydro Scheme, and four wind farms throughout New Zealand. Meridian's commitment to renewable energy, environmental stewardship and support for the communities living alongside its assets makes it authentically sustainable. Meridian continually looks for ways to provide positive energy solutions to customers to help them reduce their energy use. End CA:00236309 For:MEL Type:GENERAL Time:2013-05-16 14:10:28
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