![Meridian: We're ready for privatisation](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Meridian: We're ready for privatisation
Meridian Energy says it's ready for partial privatisation and expects a significant uplift in operating earnings after transmission outages knocked its performance.
Meridian Energy says it's ready for partial privatisation and expects a significant uplift in operating earnings after transmission outages knocked its performance.
It is folly to press on with the partial privatisation of the state-owned power companies when the future of the Tiwai Pt aluminium smelter is unresolved, writes Brian Fallow.
Meridian Energy is considering the sale of its 50 per cent stake in the A$1 billion Macarthur wind farm in Australia.
Meridian Energy is not a private enterprise but in negotiation with Rio Tinto it must act like one. If it can get a better power price elsewhere, Tiwai smelter must go.
Rio Tinto's attempt to renegotiate New Zealand's largest electricity contract, for its aluminium smelter at Bluff, comes as the company's chief executive warns of "difficult decisions" ahead.