Meridian Energy wants to raise $150 million through a new listed bond to refinance an upcoming debt maturity and cover general business costs.

A2 Milk stock falls as firm's CEO and chair sell shares.

Meridian chair Chris Moller said early signs were that the new administration in the US may bolster metal prices.

Broker a bit surprised to see Air NZ shares slip but notes light volumes.

A2 Milk jumps as Bellamy's cuts revenue forecast.

Meridian Energy is declaring a special dividend for shareholders in a sector where strong cashflows are not currently required for new investment.

New Zealand shares were mixed. The NZX 50 Index reached a record high but more companies fell.

NZ Aluminium Smelters will go to the Supreme Court in a bid to overturn earlier decisions on the payment for statutory holidays that fell on a weekend.

All-renewables electricity generator and retailer Meridian Energy announced an 11 per cent fall in net profit after tax of $104 million for the six months ended December 31.

Meridian Energy shares closed up almost 3 per cent yesterday after the company delivered better-than-expected earnings and foreshadowed a long-term return of capital to shareholders.

Our biggest power generator, Meridian Energy, says power prices are likely to stay flat in the coming year.

Profits and earning are up at Meridian Energy. And shareholders are in line for a special dividend.

A revised contract between Meridian Energy and the owners of the Tiwai Pt aluminium smelter extends the smelter's operating life for at least another year from 2017.

Labour leader Andrew Little said it was "good news" for the 800 workers at the plant, and the Green Party described it as a "relief".

Tiwai Point smelter looks set to stay open after the announcement of a new power deal with Meridian Energy.

Meridian Energy has joined with charity KidsCan to raise awareness of child poverty in NZ and help to provide food, clothing and basic healthcare.

New Zealand shares fell over uncertainty surrounding the future of the Tiwai Point smelter.

A decision on the future of Tiwai Point's massive electricity contract, due today - has been delayed by a month.

The Electricity Authority has published a series of proposals on more efficient ways to charge for the national grid.

New Zealand shares fell yesterday, as Contact Energy and Mighty River Power were sold by investors looking to crystallise recent gains.

Is the Govt really getting double the amount of dividends from its sold down power companies?

New Zealand shares rose yesterday, paced by Genesis Energy, Contact Energy and Mighty River Power in a relief rally as Meridian Energy's instalment came due.

New Zealand shares rose yesterday, paced by SkyCity Entertainment Group and Meridian Energy as investors mulled a possible rate cut.

Shares in Mighty River Power and Meridian Energy have been coming off the boil, but there are few obvious reasons for a recent slump in their stock prices.

It's day one at Meridian Energy's new offices in the freshly built Quad 5 building at Auckland Airport, and staff are celebrating with cake.

Mark Lister says the Crown got $1.8b for selling a Meridian stake now worth more than $3.2b.

Sixteen Meridian Energy staff have left Mt Wellington offices for a new building at Auckland International Airport.

New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.