Meridian Energy Ltd. engages in the generation and distribution of electricity from renewable resources. It operates through the following business segments: Retail, Wholesale, and International. The Retail segment includes activity associated with retailing of electricity and complementary products through the Meridian brands. The Wholesale segment covers activity associated with Meridian's New Zealand. The International segment refers to generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia; development of renewable electricity generation options in Australia; and licensing of the Powershop platform in the United Kingdom. The company was founded on December 16, 1998 and is headquartered in Wellington, New Zealand.
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