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Mercury’s renewable build-out cushions a weak hydro quarter
7:30am on Wednesday 14th of October, 2026 AEDT
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Utilities
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Mercury’s renewable build-out cushions a weak hydro quarter
7:30am on Wednesday 14th of October, 2026 AEDT
Key Points
Trading margin up 19% to $445 million
Hydro inflows at the second percentile, versus 71st percentile a year earlier
Kaiwera Downs Stage 2 reaches full generation with 155MW added
Kaiwaikawe’s 12 turbines installed and generating since July
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