Larry Williams Drive

Mike Roan: Meridian Energy CEO on the company posting a multi-million dollar financial loss

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Sinopsis

The recent energy crisis has rippled out to the big companies, with Meridian the latest to take a significant financial hit. Meridian Energy recently confirmed a $452-million-dollar loss, after being hit by periods of low wind, two major droughts, and a shortage of gas. CEO Mike Roan says the company's been through a tough year, but they managed to shield customers from the high prices. "We took a hit, no question about that - but we kept the lights on, so electricity flowed to people." LISTEN ABOVESee omnystudio.com/listener for privacy information.