Meridian and Nova Agree Swaption Deal

Release






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m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian and Nova Agree Swaption Deal


23 December 2021
Meridian Energy Limited and Nova Energy Limited have entered into Swap transactions (Contracts for
Difference) and a Call Option. The Swap transactions are for 235GWh per annum with Nova being
the fixed price payer, and the Call Option is for up to 235GWh per annum with Meridian being the
fixed price payer. The contracts are for a 5-year period commencing 1 January 2023 and provide
Meridian with additional portfolio flexibility.


ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

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