Meridian Energy is a trailblazing startup in the energy sector, proudly proclaiming their commitment to generating electricity from 100% renewable sources, such as wind and water. Established in 1999, this New Zealand-based company has quickly ascended to become the largest electricity generator in the region. Serving over 270,000 customers through their Meridian and Powershop brands, the company caters to a diverse range of consumers, encompassing homes, businesses, and farms.
The latest notable financial development for Meridian Energy involved a significant $2.18M grant investment on 18 March 2019. The investor behind this substantial infusion of capital was the Australian Renewable Energy Agency, further evidencing the company's alignment with the renewable energy sector and its attractiveness to key players in this space.
In conclusion, Meridian Energy stands as a compelling player in the energy industry, not just because of its impressive scale and market presence but also due to its unwavering dedication to renewable sources. This positioning has also caught the attention of substantial investors, indicating strong potential for continued growth and impact within the energy sector.
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