Meridian Energy, a New Zealand power company that generates electricity through 100% renewable sources, with the support of Ngai Tahu, has selected Woodside Energy as the preferred partner to move forward to the development stage of the proposed Southern Green Hydrogen (SGH) project in New Zealand.
Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian investment manager Infrastructure Capital Group (ICG).