Chile Endesa 3Q Net Slips To CLP116.28 Billion Vs CLP142.99 Billion Year-Ago
October 26 2011 - 2:06PM
Dow Jones News
The third-quarter net profit of Chile's largest power producer,
Empresa Nacional de Electricidad SA (EOC, ENDESA.SN), dropped 18.7%
on the year to 116.28 billion Chilean pesos ($232.1 million) from
CLP142.99 billion a year ago.
The power generator's third-quarter revenue slipped to CLP628.95
billion, from CLP662.87 billion in the year-earlier period.
Endesa has 13,846 megawatts of installed capacity in Argentina,
Chile, Colombia and Peru, and owns an equity stake in 987 MW of
installed capacity in Brazil. Some 38% of Endesa's capacity is in
Chile.
Endesa is controlled by power-holding company Enersis SA (ENI,
ENERSIS.SN), which in turn is controlled by Spain's Endesa SA
(ELEZF, ELE.MC).
-By Anthony Esposito, Dow Jones Newswires; 56-2-715-8929;
anthony.esposito@dowjones.com