Endesa (Chile)
Encyclopedia
Endesa Chile is the largest electric
utility
company in Chile
. It was created as a subsidiary of the state-owned CORFO
in 1 December 1943 and was privatized in 1989. As of April 2009, it is owned by Enersis with a 60% stake, which in turn is 61% owned by Endesa International SA, a wholly owned subsidiary of the Spanish Endesa
Group. Besides Chile, the Company has investments in Argentina, Colombia and Peru. It also has unconsolidated equity investments in companies engaged primarily in the electricity generation, transmission and distribution business in Brazil.
Endesa Chile owns a 51% stake in the controversial HidroAysén
project in Aisén Region, which would build 5 hydropower dams on two of Chile's largest wild rivers, the Baker
and the Pascua
.
Electric power transmission
Electric-power transmission is the bulk transfer of electrical energy, from generating power plants to Electrical substations located near demand centers...
utility
Public utility
A public utility is an organization that maintains the infrastructure for a public service . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies...
company in Chile
Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...
. It was created as a subsidiary of the state-owned CORFO
CORFO
Production Development Corporation is a Chilean governmental organization that was founded in 1939, by President Pedro Aguirre Cerda, to promote economic growth in Chile...
in 1 December 1943 and was privatized in 1989. As of April 2009, it is owned by Enersis with a 60% stake, which in turn is 61% owned by Endesa International SA, a wholly owned subsidiary of the Spanish Endesa
Endesa
Endesa is the acronym of Empresa Nacional de Electricidad S.A.. Two electric utility companies in the world use this name:*Endesa *Endesa , a subsidiary of the former's Latin American investment arm Enersis...
Group. Besides Chile, the Company has investments in Argentina, Colombia and Peru. It also has unconsolidated equity investments in companies engaged primarily in the electricity generation, transmission and distribution business in Brazil.
Endesa Chile owns a 51% stake in the controversial HidroAysén
HidroAysén
HidroAysén is a controversial megaproject that aims to build five hydroelectric power plants in Chile's Aysen Region. Two on the Baker River and three on the Pascua River....
project in Aisén Region, which would build 5 hydropower dams on two of Chile's largest wild rivers, the Baker
Baker River (Chile)
The Baker River is a river located in the Aisén Region of the Chilean Patagonia. It is Chile's largest river in terms of volume of water. The river flows out of Bertrand Lake, which is fed by General Carrera Lake. It runs along the east side of the Northern Patagonian Ice Field and empties into the...
and the Pascua
Pascua River
The Pascua River is a river located in the Aisén Region of Chile. In spite of being a short river, its drainage basin is the seventh-largest in the country due to the great size of the O'Higgins/San Martín Lake, its source....
.
See also
- HidroAysénHidroAysénHidroAysén is a controversial megaproject that aims to build five hydroelectric power plants in Chile's Aysen Region. Two on the Baker River and three on the Pascua River....
- Ralco Hydroelectric PlantRalco Hydroelectric PlantRalco Hydroelectric Plant is a hydroelectric power station and dam in Bío-Bío Region, Chile. The plant uses water from the upper Bío-Bío River and produces 690 MW of electricity. The plant was built by ENDESA in 2004. The project has proven controversial with local indigenous Mapuche since a...
- Endesa (Spain)Endesa (Spain)Endesa, S.A. is the largest electric utility company in Spain. The firm, a majority-owned subsidiary of the Italian utility company Enel, has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power...
- Colbún S.A.Colbún S.A.Colbún S.A. is an electric utility company in Chile. The company was created in 1982 and privatized in 1997. Originally it had only two hydroelectric plants, Machicura and Colbún from where it gets it name. Today Colbún S.A. generates a total of 2514 MW of which 1274 comes from hydropower and 1236...