MARKETS

January water inflows to Meridian's NZ hydro system down 41%

Australian Jan hydro generation and wind generation both down

Jonathon Davidson

File photo: Meridian Energy promotional graphic

File photo: Meridian Energy promotional graphic

Water storage in the company's NZ Waitaki catchment was also "well below average." The company notes January was "a very dry month with above average temperatures and rainfall well below average...

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