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Meridian the big winner from pricing review

Shareholders in line for higher dividends, analyst says.

Tim Hunter
Tue, 17 May 2016

South Island generator Meridian [NZX:MEL] is the big winner from new transmission pricing proposals and its shares lifted 4% as the market digested the impact.

Changes put forward by the Electricity Authority would cut costs for Meridian by $57 million a year from 2017.

Analyst Andrew

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Tim Hunter
Tue, 17 May 2016
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Meridian the big winner from pricing review
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