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Meridian shares dip after sale of Australian business comes in below expectations – New Zealand Herald

New Zealand’s largest electricity generator to book big profit from sale of Aussie unit.

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Meridian Energy West Wind farm, near Wellington. The company, 51 per cent owned by the Government, has announced the sale of its Australian business. Photo / SuppliedShares in New Zealand’s largest electricity generator hit a fresh 12-month low after the…

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