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Mercury NZ ( (MGHTF) ) has shared an announcement.
Mercury NZ reported a decrease in total electricity generation for FY25, with hydro generation being particularly low due to unfavorable hydrological conditions. However, the company anticipates an increase in mean hydro generation from FY26, driven by the completion of the Karāpiro Rehabilitation Project and the implementation of the Digital River AI platform. These advancements are expected to enhance Mercury’s operational efficiency and hydro capacity, potentially improving its market position and benefiting stakeholders.
More about Mercury NZ
Mercury NZ operates in the energy sector, focusing on electricity generation and retailing. The company primarily generates electricity through hydro, wind, and geothermal sources, with a significant market focus on sustainable and renewable energy solutions.
Learn more about MGHTF stock on TipRanks’ Stock Analysis page.