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- Release Date: 16/05/13 16:10
- Summary: GENERAL: MEL: Meridian named as next SOE to be listed
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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
