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Meridian Energy Reports Increased Hydro Storage and Retail Sales Growth in April 2025

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Meridian Energy Reports Increased Hydro Storage and Retail Sales Growth in April 2025

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The latest update is out from Meridian Energy Limited ( (MDDNF) ).

Meridian Energy’s April 2025 operating report highlights a notable increase in national hydro storage, rising from 77% to 88% of the historical average by mid-May. Despite warmer temperatures and varied rainfall patterns across New Zealand, the company’s retail sales volumes saw a slight increase of 0.4% compared to April 2024, with significant growth in large business and corporate segments, although agricultural sales declined sharply.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company operating in the energy industry. It is listed on the NZX and ASX stock exchanges and focuses on generating and retailing electricity, with a significant emphasis on renewable energy sources.

For a thorough assessment of MDDNF stock, go to TipRanks’ Stock Analysis page.

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