NZSE:SUM
NZSE:SUMHealthcare

Strong Half-Year Results and Dividend Affirmation Might Change The Case For Investing In Summerset (NZSE:SUM)

Summerset Group Holdings recently reported its half-year results, with revenue reaching NZ$298.22 million and net income of NZ$127.18 million, both higher than the prior year, and affirmed an ordinary dividend of NZ$0.113 per share for the period ending December 31, 2025. The combination of improved earnings and a consistent dividend may reflect the company’s ongoing strength in meeting both operational and shareholder expectations. We’ll explore how the solid growth in revenue and earnings...
NZSE:MEL
NZSE:MELRenewable Energy

Meridian Energy (NZSE:MEL) Ramps Up Solar Ambitions With $300 Million Te Rahui Joint Venture

Meridian Energy Limited and Nova Energy Limited recently completed agreements to form a 50-50 joint venture for the 400MW Te Rahui solar farm near Taupo, with $300 million in financing secured for the first phase and project offtake agreements established. With the first stage set to deliver power by mid-2026 and both phases expected to supply electricity for around 100,000 homes, this renewable initiative underscores a significant expansion in New Zealand's solar generation capacity. We'll...