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An announcement from Meridian Energy Limited ( (MDDNF) ) is now available.
S&P Global Ratings has reaffirmed Meridian Energy’s corporate credit rating at ‘BBB+’/Stable/A-2, which includes a one-notch uplift from its stand-alone rating due to the majority ownership by the New Zealand Government. This reaffirmation supports Meridian Energy’s stable financial standing and reflects positively on its market position, potentially reassuring stakeholders about the company’s creditworthiness and operational stability.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company that operates in the energy sector. It is primarily involved in the generation and retail of electricity, with a focus on renewable energy sources. The company is majority-owned by the New Zealand Government and is listed on the NZX and ASX stock exchanges.
For detailed information about MDDNF stock, go to TipRanks’ Stock Analysis page.