NZSE:MCYElectric Utilities
Mercury NZ (NZSE:MCY) Valuation Check After Major Nga Tamariki Geothermal Expansion Opens
Why Mercury NZ’s latest geothermal expansion is drawing fresh investor attention
Mercury NZ (NZSE:MCY) has officially opened a fifth generation unit at its Nga Tamariki Geothermal Station near Taupo, a $220 million project that lifts the plant’s annual average output to about 1,120 GWh.
See our latest analysis for Mercury NZ.
Mercury NZ shares trade at NZ$6.40, with a 1 month share price return of 3.73% and a 1 year total shareholder return of 19.42%. This suggests recent geothermal expansion...