Mercury NZ Limited generates electricity from renewable sources including hydro, geothermal and wind power stations, and retails electricity, natural gas, broadband and mobile services to residential, small-to-medium business, commercial, industrial and wholesale customers in New Zealand. The company operates through Generation/Wholesale, Customer and Other segments; its generation assets encompass nine hydro stations on the Waikato River, six wind farms and five geothermal stations in the central North Island, all producing 100 per cent renewable electricity, while retail activities occur under Mercury, GLOBUG and Trustpower brands and include piped natural gas, telecommunications products, mobile services and related bundled offerings. Mercury NZ Limited, founded in 1998 and headquartered at The Mercury Building, 33 Broadway, Newmarket, Auckland, maintains offices across New Zealand including Tauranga, Hamilton, Rotorua, Palmerston North, Wellington and Oamaru, with the New Zealand Government holding a legislated 51 per cent stake and the company listed on the NZX and ASX under ticker MCY.NZ. Recent developments include a long-term power purchase agreement signed in July 2025 with multinational packaging firm Visy for up to 115GWh annually over 10-20 years; the sale or transfer in June 2025 of its consented 300MW Whakamaru battery energy storage project to Eku Energy; and the appointment in September 2025 of Suraiya Phillimore-Smith as Chief Customer Officer effective November 2025, alongside its prior acquisition of Trustpower's mass-market retail operations.