Meridian Energy reports profit recovery amid energy-price constraints

New Zealand

First seen: Aug 26, 2026, 12:17 AM UTCUpdated: Aug 26, 2026, 2:46 AM UTC

WHAT HAPPENED

Meridian Energy returned to a $130 million profit after a drought-related loss. The company plans to keep energy-price increases below inflation in the coming year.

SO WHAT?

Drought and energy pricing can affect regional power costs and supply conditions.

FOR ME

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COVERAGE

Reports behind this event

interest.co.nzen

Meridian promises below-inflation power price increases following record operating profit

Aug 26, 2026, 2:46 AM UTC

nzherald.co.nzen

Meridian Energy returns to $130m profit after drought-hit loss, promises to keep energy price increases below inflation in coming year

Aug 26, 2026, 12:17 AM UTC