Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Meridian Energy Limited ( (MDDNF) ) has provided an update.
Meridian Energy Limited and Nova Energy Limited have finalized a joint venture to develop the 400MW Te Rahui solar farm in Rangitāiki, with financing secured for the first phase. This project aligns with Meridian’s strategy to enhance New Zealand’s renewable energy capacity, contributing to a more resilient and affordable electricity system, and supports the company’s goal to commence seven new projects by 2030.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company primarily engaged in the renewable energy industry. The company focuses on generating electricity through various renewable sources, including wind and solar power, and is committed to expanding its capacity to support New Zealand’s energy needs.
See more insights into MDDNF stock on TipRanks’ Stock Analysis page.