Mercury: Downgrading After Strong Performance
MercuryDowngrading After Strong Performance UNDERPERFORM We are downgrading our Mercury (MCY) rating to UNDERPERFORM from NEUTRAL following a...
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Power Points: Treading Water — May 2021
Power PointsTreading Water — May 2021 As winter approaches hydro lake storage remains well below normal at 61% of average, albeit it did not...
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Mercury: Navigating Volatile Waters
MercuryNavigating Volatile Waters NEUTRAL Mercury (MCY) had a solid 3Q21, although it has had to draw on stored water to achieve that outcome as...
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Power Points: Pressures Rising — April 2021
Power PointsPressures Rising — April 2021 We see increasing pressures in the electricity sector with hydro storage levels declining to their...
632 Views
Mercury: Taking a Tilt at Wind
MercuryTaking a Tilt at Wind NEUTRAL In one fell swoop, once it has acquired Tilt Renewables' (TLT) New Zealand assets, Mercury (MCY) will become...
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