Meridian Offloads Oz Power Assets
New Zealand hydro-power company Meridian Energy is selling its retail electricity business and power generating assets in Australia to a consortium of Royal Dutch Shell PLC and infrastructure investors.
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Meridian Energy Limited
All the electricity we generate comes from 100% renewable sources – wind, water and sun. Always will be. All the electricity that we supply to our customers comes from the electricity grid, which mixes electricity supplied from both renewable and non-renewable sources.
Listed on both the NZX and ASX, the Meridian Group is one of New Zealand’s largest listed companies and employs around 1,000 people across New Zealand and Australia. The New Zealand Government is our majority shareholder at 51%.
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No Shortage Of Excellent Environmental Share Price Performances
Many environmental stocks have shown outstanding share price performance since listing. Here are seven examples that prove that good stock selection among environmental stocks can lead to excellent share price performance and capital gains.
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