NZSE:MELRenewable Energy
Meridian Energy (NZSE:MEL) Valuation Check After Oversubscribed A$400 Million Green Note Issue
Meridian Energy (NZSE:MEL) has just completed an A$400 million issue of fixed rate green medium term notes, a funding move that ties directly to future investment in qualifying green assets.
See our latest analysis for Meridian Energy.
At a share price of NZ$5.56, Meridian’s recent 2.02% 1 day gain contrasts with a modest 0.71% year to date share price decline. Its 3 year total shareholder return of 22.35% points to steadier long run compounding. The oversubscribed A$400 million green note...