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Meridian Energy Limited ( (MDDNF) ) has shared an update.
Meridian Energy Limited has expressed support for the New Zealand Government’s recent reforms in the energy sector, which were informed by a review conducted by Frontier Economics. The reforms include the Government’s participation in equity capital raisings for Mixed Ownership Model companies like Meridian, which is expected to accelerate investment in new energy generation and enhance energy security and affordability. Additionally, Meridian supports the Government’s initiatives to address gas supply issues, strengthen industry regulation, and improve the security of supply regime. These measures aim to prevent future fuel shortages and ensure a stable energy supply, particularly through the potential development of an LNG import facility.
More about Meridian Energy Limited
Meridian Energy Limited is a company incorporated in New Zealand, primarily operating in the energy sector. It is listed on the NZX and ASX stock exchanges under the symbols MEL and MEZ, respectively. The company focuses on generating and supplying renewable energy, with a strong emphasis on sustainability and innovation in energy solutions.
For detailed information about MDDNF stock, go to TipRanks’ Stock Analysis page.