Brief: Meridian Energy Says Dec Total Inflows Were 63% Of Historical Average

Meridian Energy

15/01/2023 19:40

Jan 16 (Reuters) - Meridian Energy Ltd  MEL.NZ :
    * DEC TOTAL INFLOWS WERE 63% OF HISTORICAL AVERAGE
    * WAIAU CATCHMENT INFLOWS IN DEC LOWER, AT 55% OF HISTORICAL
AVERAGE
    * NATIONAL ELECTRICITY DEMAND IN DEC WAS 0.4% LOWER THAN
SAME
MONTH LAST YEAR
    * SALES VOLUMES IN DEC 2022 WERE 1.4% HIGHER THAN DECEMBER 
2021
    * NEW ZEALAND ALUMINIUM SMELTER'S AVERAGE LOAD DURING DEC
577MW
    * COMPARED TO Q2 LAST YEAR, MERIDIAN'S GENERATION WAS 0.8%
LOWER
AT A 35.6% LOWER AVERAGE PRICE IN Q2
    * QTRLY TOTAL CAPEX 185% UP, INCLUDING EX-WORKS PAYMENTS TO
SIEMENS GAMESA IN REGARDING HARAPAKI WIND FARM CONSTRUCTION
VERSUS Q2 LAST YEAR

Further company coverage:  MEL.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))