Meridian Energy will pay a $71.3 million dividend on its earnings for the first half of the financial year, in line with its policy of a 75% payout ratio.

Meridian Energy chief executive Mark Binns has told investment market analysts a review of plans for partial privatisation found “no showstoppers” and the company expects a cabinet decision on its part-sale by the end of the year.

Treasury appoints suppliers to push energy company's partial float.

Meridian Energy reported recent 'stable' earnings, but sales from Tekapo's A and B hydro stations have left a slight dent in figures.

Meridian Energy has a new chief executive - Mark Binns.