NZSE:MELRenewable Energy
Assessing Meridian Energy (NZSE:MEL) Valuation After Lake Pukaki Hydro Storage Draft Decision
Meridian Energy (NZSE:MEL) shares are in focus after the Fast-track Panel issued a draft decision supporting eased access to Lake Pukaki hydro storage for three years, along with approval for permanent dam resilience works.
See our latest analysis for Meridian Energy.
Despite a small 1-day share price decline of 2.37% to NZ$5.77 following the draft Lake Pukaki decision, Meridian Energy’s 90-day share price return of 7.05% and 5-year total shareholder return of 31.72% point to momentum that...