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Meridian Energy [ASX:MEZ] Posts 39% Increase in NPAT for 1H 2023 - Daily Reckoning Australia

Electricity retailer Meridian Energy rose 1% this afternoon, posting a sizeable increase to profit for the first half of fiscal 2023, and the company’s board choosing to distribute 6 cents per share in dividends in time for its dividend reinvestment plan.

Australian court decides that power stations are not land or fixtures

Adam Smith of DLA Piper Australia reports on the New South Wales Supreme Court’s ruling that three hydroelectric power stations constituted property outside the traditional categories used in determining the character of an interest.

Sun shines on renewables M&A as bidders pay for pipelines

Billion-dollar bids are powering M&A activity in Australia’s renewable energy sector, with suitors willing to cough up for development pipelines as well as operating assets.

Shell makes maiden investment in Australian wind power - News for the Energy Sector

Shell is set to acquire 49% of Australian wind farm developer, WestWind Energy Development, which has a 3 GW project pipeline across the states of

Meridian sets out conditions for 10 to 20 year deal with aluminium smelter

Meridian sets out conditions for 10 to 20 year deal with aluminium smelter
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