# Meridian Energy Limited (NZX:MEL)

**Exchange:** NZX (XNZE)
**Sector:** Utilities
**ISIN:** NZMELE0002S7
**LEI:** 254900IFKXIGNCY3A092
**Financial year-end:** June

## Overview

Meridian Energy is New Zealand's largest electricity generator and fourth-largest retailer, operating 100% renewable generation from hydro and wind sources with total capacity exceeding 2,800 MW.

## Market

- **Last close:** NZ$5.95 (2026-06-12)
- **Market cap:** NZ$14.22B (2026-06-12)

## Latest annual results (FY2025)

- **Revenue:** NZ$4.83B
- **Net profit:** NZ$-452.0M
- **EPS:** -17.4c
- **Total assets:** NZ$14.97B
- **Total equity:** NZ$8.92B
- **Net margin:** -9.3%
- **Return on equity:** -5.1%
- **Debt-to-equity:** 0.68

All figures sourced from the company's most recent annual report. Monetary values in New Zealand dollars.

## Latest dividend

- **Ex-date:** null
- **Amount:** 5.38c per share (NZD)
- **Imputation credit:** 88%

## Governance

- **Governance Risk Score (NZXplorer methodology):** 66.21 — Good (calculated 2026-06-11T16:02:36.202+00:00)
- **Board size:** 12 directors, 42% independent
- **Chair:** [Mark John Verbiest](https://nzxplorer.co.nz/people/mark-verbiest)

### Board of directors (12)

- [Mark John Verbiest](https://nzxplorer.co.nz/people/mark-verbiest) — Chair, Independent
- [Benjamin Bateman](https://nzxplorer.co.nz/people/benjamin-bateman)
- [David Carter](https://nzxplorer.co.nz/people/david-carter)
- [Graham Cockroft](https://nzxplorer.co.nz/people/graham-cockroft) — Independent
- [Helen Peters](https://nzxplorer.co.nz/people/helen-peters)
- [Julia Hoare](https://nzxplorer.co.nz/people/julia-hoare)
- [Kylie Reiri](https://nzxplorer.co.nz/people/kylie-reiri)
- [Lisa Jane Hannifin](https://nzxplorer.co.nz/people/lisa-jane-hannifin)
- [Mary Devine](https://nzxplorer.co.nz/people/mary-devine) — Independent
- [Meg Matthews](https://nzxplorer.co.nz/people/meg-matthews)
- [Nagaja Sanatkumar](https://nzxplorer.co.nz/people/nagaja-sanatkumar) — Independent
- [Tania Joy Te Rangingangana Simpson](https://nzxplorer.co.nz/people/tania-joy-te-rangingangana-simpson) — Independent

## Latest NZX announcement

- **Ongoing D&O Disclosures** (2026-06-07, SHINTR)
- Source: https://www.nzx.com/announcements/474053

## Data freshness

- Share price: as of 2026-06-12
- Financials: FY2025 annual results
- Governance Risk Score: calculated 2026-06-11
- Board roster: current appointments as of 2026-06-14
- Latest announcement: 2026-06-07

## More data

- Company page: https://nzxplorer.co.nz/companies/meridian-energy
- Structured facts (JSON): https://nzxplorer.co.nz/api/v1/companies/MEL/facts.json
- Full detail API: https://nzxplorer.co.nz/api/v1/companies/MEL?include=all
- Company website: https://meridianenergy.co.nz
- NZX page: https://www.nzx.com/companies/MEL

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Published by [NZXplorer](https://nzxplorer.co.nz). Canonical: https://nzxplorer.co.nz/companies/meridian-energy. Data licence: CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source. Generated 2026-06-14T06:53:19.543Z.