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Meridian Energy is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity and in the year ending 2014 it generated 35 percent of the country's electricity. Meridian Energy is currently the fourth largest energy retailer in NZ with around 14 percent of market share in terms of customers.
Meridian Energy was one of three electricity companies formed from the break-up of the Electricity Corporation of New Zealand (ECNZ) in 1998–99, and it took over the Waitaki River and the Manapouri hydro electric schemes.
Today, Meridian operates seven hydroelectric power stations. Meridian Energy also operate one wind farm in the South Island of New Zealand, four wind farms in the North Island, and two wind farms in southern Australia – one in South Australia and one in Victoria. Meridian Energy is one of three major electricity generators to only generate electricity from renewable sources and is the only electricity generator in New Zealand to commit itself to only generate electricity from renewable sources.
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