Mercury is an electricity generator and retailer that uses 100% renewable energy sources. Shares in the company (MCY) are available on New Zealand’s Exchange (NZX) and the Australian Securities Exchange (ASX). Keep reading for step-by-step instructions on how to buy Mercury shares on the NZX.
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Formerly known as Mighty River Power, Mercury NZ Limited generates electricity from 100% renewable sources. It runs nine hydro stations on the Waikato River, five geothermal stations on the North Island, and a solar farm and R&D centre. A wind farm at Turitea is also in the process of being built.
Shares in Mercury are listed on both the Australian and New Zealand stock exchanges, and the New Zealand Government holds a 51% shareholding in the company. Mercury’s headquarters are in Auckland.
Mercury released its 2021 interim report, with results for the six months ended 31 December 2020, in February 2021. Key results in the report included:
|Name||Mercury NZ Limited||Industry||Utilities-Renewable|
|Type||Ordinary shares||Date listed on NZX||10 May 2013|
|End of financial year||June||Chief executive officer||Vince Hawksworth|
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