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Meridian Energy Posts $130m Profit Rebound and Advances Renewable Projects
6:30am on Wednesday 26th of August, 2026 AEST
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Energy
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Meridian Energy Posts $130m Profit Rebound and Advances Renewable Projects
6:30am on Wednesday 26th of August, 2026 AEST
Key Points
FY26 net profit after tax of $130 million reverses prior $452 million loss
Operating cash flow surged 155% to $810 million
Renewable development pipeline accelerates with multiple solar and wind projects underway
Retail customer connections grow 12%, Kraken platform migration progresses
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Meridian Energy (NZX:MEL)
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