Mercury NZ Limited

Description

Mercury NZ Limited (NZX: MCY) is an electricity generation and retailing company that utilises renewable energy resources. The company simultaneously engages in the retailing, generation and harnessing of renewable energy. The other retail brands such as Bosco and GLOBUG is utilised for the retailing purpose. The 100% electricity generation comes through the hydro and geothermal sources while the company also provides solar energy harnessing facilities. A 51% shareholding in the Mercury Energy is held by the New Zealand Government (Crown)