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flag Meridian Energy posted a $143M profit in 2025, driven by strong wind and water resources, rising market share, and sustainability success.

flag Meridian Energy reported a $143 million underlying net profit for the six months ending December 2025, reversing a $5 million loss, driven by record wind generation and near-record lake inflows that lowered wholesale electricity prices to an average of $84/MWh. flag Strong energy margins, up 59% year-on-year, boosted operating cash flow to $336 million. flag The company increased its residential market share to 19.5% after acquiring Flick customers, while advancing renewable projects including the Harapaki Wind Farm and Ruakākā BESS. flag It also earned a top 10% global sustainability ranking and declared a 6.40 cents per share dividend.

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