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Meridian Energy Limited ( (MDDNF) ) has shared an update.
Meridian Energy Limited has secured consent from the Environment Court for the Mt Munro Wind Farm in northern Wairarapa, which will produce 300GWh of renewable energy annually, enough to power up to 42,000 homes. This project is part of Meridian’s broader strategy to boost its generation capacity and strengthen New Zealand’s electricity system, supported by a $3 billion investment plan through to 2030, reflecting the company’s commitment to addressing electricity supply challenges and contributing to regional economies.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company engaged in the renewable energy industry. It primarily focuses on generating electricity through wind and solar farms, with a commitment to enhancing New Zealand’s electricity supply and supporting the electrification of homes and businesses.
YTD Price Performance: 2.23%
Average Trading Volume: 3,625
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $9.04B
For an in-depth examination of MDDNF stock, go to TipRanks’ Stock Analysis page.
