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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/912fb156-2eaf-49d1-bdf4-b4b20072de7b/transcript