Meridian to lift power prices, ‘takes a hit’ from last winter with $121m loss, gas factor a big problem
The Power Struggle: Navigating Energy Challenges in New Zealand As New Zealand faces energy challenges, companies like Meridian have been at the forefront of adapting to an evolving landscape. Recent reports show a significant downturn, with Meridian recording a $121 million loss in the first half, primarily due to costly hedge contracts and energy shortages. … Read more