Quote Originally Posted by PartyPooper View Post
As a rookie investor, getting burned by MRP early on was not fun at all. I'll stay well clear of Meridian until I know the price. Even then I think i'll wait till it goes live or look into it after the next election.
Welcome to the forum PartyPooper.

That's a wise move, in this instance if you are unsure the best thing to do is to do nothing.

Meridian have a slightly different business model from MRP and CEL, they inherited the 'jewel in the crown' assets from ECNZ, very big well depreciated south island hydro cash cow plant.

But, the risks are also a little different, Meridian are more prone to dry year events and more prone to low wind years then their competitors.

Because of this it is probable that Meridian over time will be a little more volatile, as far as power companies go, and there may well be a better entry point to buy in during a future dry year event.