FilingReader Intelligence
Meridian Energy hydro storage plummets amid dry February
March 17, 2025 at 07:15 AM UTC•By FilingReader AI
Meridian Energy (NZX:MEL) announced a concerning drop in hydro storage levels for February 2025 due to warm, dry conditions across New Zealand. National hydro storage decreased from 91% to 76% of historical average in the month to March 10, 2025. Meridian's February inflows were only 42% of historical averages. Total inflows for the first two months of 2025 are the lowest since records began.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:MEL•New Zealand Exchange
News Alerts
Get instant email alerts when Meridian Energy publishes news
Free account required • Unsubscribe anytime