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He sold fraudulent investments through the Meridian Group, a group of investment companies, defrauding nearly 700 investors who lost almost $150 million, and he was sentenced to 18 years in prison in 2012. He has been nicknamed "Mini Madoff" for his crimes' similarity to those of Bernie Madoff. Berg escaped from prison in 2017. [1]
Meridian Energy Limited is a New Zealand electricity generator and retailer.The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015.
The energy retail business of Northpower was sold to ECNZ with effect from 1 November 1998, and renamed Northpower Energy. The name was later changed to Meridian Energy (1999). [ 6 ]
A new scam using Elon Musk's name is making the rounds, promoting "energy-saving" devices and falsely linking the Tesla and SpaceX leader to the products. Don’t fall for the Elon Musk energy ...
Meridian has several additional locations under consideration and has the potential to export its proprietary refinery technology and processes to currently operational refineries worldwide. Established in 2013, Meridian has offices in Belfield, North Dakota and Houston, Texas. Connect with Meridian Energy Group: Twitter, Facebook, and LinkedIn.
Xcel Energy reported fraudulent phone numbers posing as them are on the rise.
There are four major generators: Contact Energy, Genesis Energy, Mercury Energy, Meridian Energy. These four together produce about 90% of New Zealand's electricity. Meridian Energy, Genesis Energy and Mercury Energy are 51% majority owned by the New Zealand government, while Contact is a 100% publicly traded company.
In November 2021, it was announced that a consortium of Shell Australia and Infrastructure Capital Group would be acquiring Meridian Energy Australia Group, including Powershop Australia. Though subject to regulatory approvals, the transition was due to be completed in early 2022. [ 1 ]