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Harapaki Wind Farm fully operational

Operational Update19 July 2024MELUtilities

Release






M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d

287-2 9 3 D u r h a m S t r e e t N o r t h , C h r i s t c h u r c h 8 0 1 3


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)

Harapaki Wind Farm fully operational


19 July 2024

New Zealand’s second largest wind farm is now fully operational, having been delivered within a month

of its original completion date and inside its $448 million capital forecast.

Meridian’s General Manager Development, Guy Waipara, says this is an incredible result and one ideally

timed for electricity consumers.

“We’re now right in the middle of winter and every bit of generation helps. Harapaki has been

generating since last November and was around 90% capacity at 30 June, but reaching full capacity

means this wind farm is doing everything it can to help maintain security of supply.”

Meridian shares Aotearoa New Zealand’s goal of transitioning to a net-zero economy and has its own

aspiration to deliver seven new renewable electricity projects in seven years. Harapaki is the first of

these to be completed.

“Harapaki shows we have the capability to deliver. We’ve got a world-class renewable construction

team backed by a great group of contractors. What they’ve achieved in the face of COVID-19 and

multiple weather events is truly outstanding,” says Guy Waipara.

Harapaki Wind Farm is located north of Napier on SH5 in the Maungaharuru Range. It utilises Siemens

Gamesa SWT-DD-120 turbines. It can produce enough electricity to power 70,000 average homes, the

equivalent of most of Hawke’s Bay.

ENDS


Neal Barclay

Chief Executive

Meridian Energy Limited


For investor relations queries, please contact:

Owen Hackston

Investor Relations Manager

021 246 4772

For media queries, please contact:

Philip Clark

Head of Communications

027 838 5710

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