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Meridian Energy monthly operating report for September 2017

Operational Update17 October 2017MELUtilities

PG 1

Meridian Energy monthly operating report for September 2017

17 October 2017

Attached is Meridian Energy Limited's monthly operating report for the month of September 2017.

Highlights this month include:

 In the five weeks to 15 October 2017, national hydro storage increased from 87% to 113% of historical

average

 South Island storage sat at 109% of average and North Island storage at 126% of average on 15 October

2017

 Meridian’s September 2017 monthly total inflows were 153% of historical average

 Meridian’s Waitaki catchment storage at the end of September 2017 was 121% of historical average

 Storage in Meridian’s Waiau catchment was also above average at the end of September 2017

 National electricity demand in September 2017 was 0.1% higher than the same month last year

 Much of New Zealand experienced average temperatures and above average rainfall during September

2017

 Meridian’s retail sales volumes in September 2017 increased by 7.7% compared to September 2016


ENDS

Mark Binns

Chief Executive

Meridian Energy Limited


For investor relations queries, please contact:

Owen Hackston

Investor Relations Manager

021 246 4772

For media queries, please contact:

Polly Atkins

External Communications Specialist

021 174 1715
























Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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