Half Year 2024 Mercury Nz Ltd Earnings Call Transcript
Thank you for standing by, and welcome to Mercury interim results analyst briefing 2024 conference call. (Operator Instructions) Please be advised that today's call is being recorded.
At this time, I would like to introduce Vincent Hawksworth, Chief Executive, Mercury Limited.
Welcome, everybody, to the Mercury 2024 interim results presentation. I'm Vince Hawksworth, Chief Executive and I'm joined by William Meek, Chief Financial Officer.
So we'll go to slide 3, our business performance and major events slide. A first half, 4.5 terawatts of renewable generation and a big contribution there from Turitea full year and Kaiwera Downs stage 1. In fact, Hydro representing 46% of our generation in first half. So showing the importance of our portfolio of expansion. Full year, we're forecasting 8.8 terawatt hours.
Important event in the first half was the migration of mass market customers under the Mercury brand onto the Gentrack platform. We now have a single retail platform.
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