MEZ
vs
S
S&P/ASX 300
MEZ
Over the past 12 months, MEZ has underperformed S&P/ASX 300, delivering a return of -8% compared to the S&P/ASX 300's +6% growth.
Stocks Performance
MEZ vs S&P/ASX 300
Performance Gap
MEZ vs S&P/ASX 300
Performance By Year
MEZ vs S&P/ASX 300
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Meridian Energy Ltd
Glance View
Meridian Energy Ltd, born from the windswept landscapes and roaring rivers of New Zealand, stands as a testament to the power of renewable energy. Rooted in the country's abundant natural resources, it operates principally through its hydroelectric and wind power stations. The strategic placement of these facilities allows Meridian to harness water flows and wind currents, transforming them into clean, reliable energy. The company's core operations are orchestrated around its significant hydro assets along the Waitaki River and its growing portfolio of wind farms, ensuring a continuous power supply to meet New Zealand's energy demand. This setup not only embodies environmental stewardship but also capitalizes on the nation's unique geographic advantages. In the marketplace, Meridian Energy crafts a profitable equation by selling this sustainably generated electricity to residential, commercial, and industrial customers. Its business model thrives on the vertical integration of energy generation, from production to retail distribution. This cycle of clean energy provisioning ensures a stable revenue stream, particularly as global trends pivot towards sustainable energy solutions. Further enriched by government incentives and an increasing consumer preference for green power, Meridian's operations are not just a nod to ecological responsibility but a robust engine driving financial performance. By uniting environmental consciousness with shrewd business tactics, Meridian Energy illuminates both homes and the path towards a sustainable future.
