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Energy
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Meridian ends billing software project in favour of Kraken

More than 50 jobs axed as Flux Federation platform winds down.

Kraken is a unit of UK-based Octopus Energy Group.

Tim Hunter Tue, 03 Jun 2025

Electricity generator and retailer Meridian has abandoned its in-house retail billing platform Flux in favour of the Kraken platform provided by UK-based Octopus Energy Group.

In a statement to the NZX Meridian said 53 jobs would go at Flux, reducing its workforce from 121 to 68.

Remaining staff

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Tim Hunter Tue, 03 Jun 2025
Contact the Writer: thunter@nbr.co.nz
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Meridian ends billing software project in favour of Kraken
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