Meridian Energy Ltd 2009 AR2
The report details Meridian Energy's performance for the fiscal year 2008-09, highlighting its navigation through extreme operational volatility caused by nationwide drought followed by record inflows. Key achievements include the opening of the 143 MW Project West Wind farm near Wellington and the completion of smart meter installations for 110,000 customers in Canterbury. Financially, the company achieved an EBITDAF of $512.4 million and a reported net profit after tax of $89.3 million. Meridian also advanced its commitment to sustainability by recertifying its electricity product under the carboNZeroCert program and initiating its first utility-scale solar project in the USA.
Company: Meridian Energy Ltd
Sector: Energy utilities
Country: New Zealand
Year: 2009
Type: AR2
Pages: 144
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Meridian Energy Ltd
Annual Report
The report details Meridian Energy's performance for the fiscal year 2008-09, highlighting its navigation through extreme operational volatility caused by nationwide drought followed by record inflows. Key achievements include the opening of the 143 MW Project West Wind farm near Wellington and the completion of smart meter installations for 110,000 customers in Canterbury. Financially, the company achieved an EBITDAF of $512.4 million and a reported net profit after tax of $89.3 million. Meridian also advanced its commitment to sustainability by recertifying its electricity product under the carboNZeroCert program and initiating its first utility-scale solar project in the USA.
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Document Details
Report Year
2009
Reporting Period
Jul 1, 2008 - Jun 30, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Workplace Fatalities