Browsing Tag
Mercury NZ
3 posts
Mercury NZ (ASX: MCY) lifts quarterly trading margin 19% as new wind farms offset weak hydro generation
Mercury NZ has reported a NZ$445 million first-quarter trading margin despite exceptionally weak hydro inflows, supported by portfolio management and increased wind and geothermal generation as its renewable investment programme advances.
Mercury NZ (ASX: MCY) shares climb as hydro surge lifts FY2026 EBITDAF guidance to NZ$1.05bn
Mercury NZ runs only renewables. Hydro inflows are well above average. EBITDAF guidance just got lifted to NZ$1.05bn. The mean reversion question is when, not if.
Mercury NZ commits to major expansion of Kaiwera Downs wind farm
Mercury NZ Limited, a leader in renewable energy, has confirmed its decision to proceed with a significant expansion…