FilingReader Intelligence
Mercury NZ targets 40% generation increase by 2030
August 5, 2025 at 02:19 AM UTC•By FilingReader AI
Mercury NZ targets 3.5 TWh of new generation by 2030, aiming for a 40% increase in total generation. The company generated approximately 8.8 TWh of renewable energy and expects FY24 EBITDAF of $877m. Renewables currently under construction are valued at $1bn.
Key board changes include Rob Hamilton joining in April 2025. Mike Taitoko and James Miller will retire after the 2025 annual meeting, while Lorraine Witten will step down in September 2025.
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:MCY•New Zealand Exchange
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