New Zealand shares rose yesterday, paced by SkyCity Entertainment Group and Meridian Energy as investors mulled a possible rate cut.

Shares in Mighty River Power and Meridian Energy have been coming off the boil, but there are few obvious reasons for a recent slump in their stock prices.

It's day one at Meridian Energy's new offices in the freshly built Quad 5 building at Auckland Airport, and staff are celebrating with cake.

Mark Lister says the Crown got $1.8b for selling a Meridian stake now worth more than $3.2b.

Sixteen Meridian Energy staff have left Mt Wellington offices for a new building at Auckland International Airport.

New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.

Expect a little bit of love from your power company this year but they're not betting on it being requited.

Meridian Energy has raised its dividend and says it intends to return $625 million of capital to shareholders over the next five years.

Meridian Energy, which generates about 30 per cent of the country's electricity, lifted first-half earnings 21 per cent.

New Zealand shares fell yesterday, led by Contact Energy after it flagged plans to invest offshore. Genesis Energy and Meridian Energy declined as enthusiasm for the sector cooled.

New Zealand shares fell yesterday from a record close paced by Meridian Energy, Precinct Properties New Zealand and Spark New Zealand, as the appetite waned.

New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.

Meridian Energy is replacing two of its transformers at its Manapouri power station after finding a fault with cooling units.

New Zealand shares fell for a second day as the kiwi dollar's slide to a four-year low sapped overseas investor appetite for high-yielding stocks.

New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.

Mighty River Power and Meridian Energy will keep the price they charge for electricity on hold this year for the third year in a row.

Geothermal has pipped gas generation for the first time as more plants come on stream.

Power companies' margins on retail electricity tariffs are unsustainably high, says a new report on listed NZ electricity stocks.

New Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.

Land bought by Meridian for its controversial $2b wind farm is on the market spelling the final chapter of the failed project.

Call me a Luddite, but I don't want a "smart" electricity meter installed at home, and certainly not without my knowledge or consent.

Meridian Energy will watch first for closure of fossil fuel-fired power station.

Check out a snapshot of some of the stellar performers on the New Zealand sharemarket this year, as it surged ahead breaking new records.

Investors in Genesis Energy, Mighty River Power and Meridian Energy were more than $600 million richer on paper at one point yesterday after their shares were boosted by National's decisive victory.