No typhoons in South Island,and Meridian are nice and close to supply huge irrigator's power demand.
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With the huge growth in the number of irrigators they are doing their best.!!
As will a rebuilt Christchurch.
A very positive out look for Meridian,being at the right place at the right time.
I've been surprised to see MRP sink back down to the 2.16/2.17 range. Seems this afternoon buyers were pilling in trying to get some at 2.165. Got a small parcel at that price. Hopefully over time the buy back will push the price to 2.25+ for some gains.