GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (NZSE:MEL) » Definitions » Credit Losses Provision

Meridian Energy (NZSE:MEL) Credit Losses Provision


View and export this data going back to 2010. Start your Free Trial

What is Meridian Energy Credit Losses Provision?

Credit Losses Provision only applies to banks.


Meridian Energy Business Description

Traded in Other Exchanges
Address
98 Customhouse Quay, Level 2, Wellington, STL, NZL, 6011
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.