Engie Energia Chile S.A. Announces Earnings Results for Year 2018; Announces That the Interconnection to be Fully Completed in This First Half of 2019
January 31, 2019 at 08:30 pm IST
Share
Engie Energia Chile S.A. announced earnings results for year 2018. In 2018, recurring net income, reached $161 million, which represents an 86% year-on-year growth.
Company is operating in an interconnected market, up to 900 megawatts of power transported by TEN that also allows to release the trapped solar PV productions and hopefully, the interconnection will be fully completed in this first half of 2019.
Engie Energia Chile SA, formerly Empresa Electrica Del Norte Grande SA, is a Chile-based company, which is primarily engaged in the energy sector. The Companyâs activities comprise the production, transportation and distribution of electric energy and natural gas; the purchase, sale and transportation of liquid, solid and gaseous fuels; as well as the provision of engineering consulting services. The Company operates through such subsidiaries as Electroandina S.A., Gasoducto Nor Andino S.A., Gasoducto Nor Andino Argentina S.A., Central Termoelectrica Andina S.A., Energia del Pacifico Ltda., Edelnor Transmision S.A., Distrinor S.A. and Inversiones Hornitos S.A. The Company is owned by GDF Suez Energy Chile SA.
ENGIE ENERGIA CHILE S.A. 
