| Business Summary | | Empresa
Nacional
de
Electricidad
S.A.
(Endesa-Chile),
incorporated
on
December
1,
1943,
is
engaged
in
the
generation
and
transmission
of
energy,
natural
gas
transport,
infrastructure
and
engineering
services.
Endesa-Chile
operates
in
five
Latin
American
countries
(Argentina,
Brazil,
Chile,
Colombia
and
Peru),
with
an
aggregate
installed
capacity
in
foreign
countries
of
8,152
megawatts,
which
is
almost
double
the
capacity
it
has
in
Chile.
The
Company
was
formed
as
a
stock
company
subsidiary
of
the
Chilean
Government
entity
Corporación
de
Fomento
de
la
Producción,
with
the
purpose
of
implementing
the
Country's
Electrification
Plan,
including
the
generation,
transport
and
production
and
distribution
of
electric
power.
As
of
December
31,
1999,
Enersis,
S.A.
owns
54.32%
of
the
Company.
Enersis
S.A.
is
a
subsidiary
of
ENDESA
of
Spain. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Empresa
Nacional
de
Elec.
generates,
transports
and
supplies
electric
energy,
together
wiyh
consulting
and
engineering
services
in
Chile
and
surrounding
areas.
For
the
three
months
ended
3/31/01,
revenues
rose
3%
to
CH$229.54
billion.
Net
income
fell
81%
to
CH$4.63
billion.
Revenues
reflect
improved
market
operating
conditions
in
Chile,
Colombia
and
Peru.
Earnings
were
offset
by
the
price
level
adjustment
for
the
prior
period. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jose Guzman Matta | Chairman | Jaime Bauza Bauza | CEO | Juan Errazuriz Ossa | Vice
Chairman | Gaston Aigneren Rios | VP,
International Division | Martin Costabal Llona | VP,
Infrastucture and Other Bus.es Division |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|