The latest announcement is out from Meridian Energy Limited ( (MDDNF) ).
Meridian Energy Limited and New Zealand Aluminium Smelters Limited (NZAS) have agreed on a 50MW demand response reduction for winter 2025, from March 10 to August 31, to manage electricity demand. This agreement allows Meridian to call for further demand response options in 2026, ensuring strategic water management and operational flexibility, benefiting both companies and New Zealand’s energy stability.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company operating in the energy sector. It is listed on the NZX and ASX stock exchanges and focuses on providing electricity and energy solutions.
YTD Price Performance: 1.19%
Average Trading Volume: 3,625
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.81B
For an in-depth examination of MDDNF stock, go to TipRanks’ Stock Analysis page.