Meridian Energy has made a comeback after last year's downturn.

The electricity gentailer has reported net profit after tax of $13 million dollars, compared to a net loss of $452 million last year.

The past year has been a stark contrast to the previous year, when Meridian was dealing with two severe droughts, and investing $300 million dollars into helping secure energy supply.

CEO Mike Roan says 2024 was a challenging year - and 2025 represents a return to 'normal'. 

LISTEN ABOVE

Meridian Energy has made a comeback after last year's downturn.
The electricity gentailer has reported net profit after tax of $13 million dollars, compared to a net loss of $452 million last year.
The past year has been a stark contrast to the previous year, when Meridian was dealing with two severe droughts, and investing $300 million dollars into helping secure energy supply.
CEO Mike Roan says 2024 was a challenging year - and 2025 represents a return to 'normal'.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Mike Roan: Meridian Energy CEO on the company returning to profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7ad45e69-1168-4c6b-8a41-b4b20072df74/transcript