Meridian Energy Ltd
MEL: XNZE (NZL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| L.x | LOCK|d^&> | LOCK|$y&?<xl |
Meridian Energy: Strong Earnings Recovery on Track as Higher Rainfall Boosts Generation
Meridian Energy's generation rose 14% in the 10 months to April 2026 compared with the same period last year, as heavier rainfall lifted hydroelectric production. Retail electricity prices rose 6%, and demand response payments fell 80%.
