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Meridian Energy Limited ( (MDDNF) ) has provided an update.
At its Annual Shareholder Meeting, Meridian Energy highlighted the challenges faced during the fiscal year 2025, including low hydro inflows, droughts, and reduced gas availability, which impacted financial performance. Despite these challenges, the company made strategic investments, securing five resource consents and investing $193 million in generation plant development and maintenance, reinforcing its commitment to growth and sustainability.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company operating in the clean energy sector. The company focuses on generating electricity through renewable sources, emphasizing its commitment to a fairer and healthier world by supporting New Zealand’s energy transition.
See more data about MDDNF stock on TipRanks’ Stock Analysis page.