Key Players in the Energy Industry in Chile.¶
Key Players Table¶
Player name and short description | Detailed profile | Relevant context information | Estimates of volumes | Estimates of revenue |
---|---|---|---|---|
Enel Chile S.A. - A subsidiary of the Enel Group, a multinational energy company. Engaged in generation, distribution, and other energy-related businesses in Chile. | Enel Chile is a major integrated energy company in Chile, involved in the generation, distribution, and transmission of electricity, as well as other energy sector activities. It serves a significant portion of the regulated customers in the country. | Part of the global Enel Group, present in over 30 countries. Enel Distribución Chile is one of the largest electricity distribution companies, serving over 2.1 million customers in the Metropolitan Region. The company is actively involved in renewable energy projects. In Q1 2025, commercial operations began at the Los Cóndores run-of-river hydroelectric plant (153 MW). Sold its 99.99% share of Arcadia Generación Solar S.A. to Sonnedix in October 2023. | Physical energy sales increased 11.5% to 26,990 GWh as of September 2024 compared to the same period in 2023. Net electricity generation decreased 7.8% to 5,581 GWh as of March 2025. | Revenue in 2024 (TTM) was approximately $5.05 Billion USD. Operating revenues decreased 9.0% to Ch$ 3,987,135 million (approx. $4.2 billion USD) as of December 2024. Annual revenue in 2024 was 3,941.04B CLP (approx. $4.15 billion USD), down 8.23% from 2023. |
AES Andes S.A. - A company dedicated to electricity generation, with presence in Chile, Colombia, and Argentina. | AES Andes generates electricity using a diverse portfolio of technologies, including hydroelectric, thermal (diesel, natural gas, coal), and increasingly, renewable sources. It supplies power to national grids in the countries where it operates. | Indirectly controlled by AES Corp. The company has been involved in the construction and acquisition of renewable energy projects in Chile. Sales decreased in 2024 compared to 2023. EBITDA in the Chilean market increased in Q4 2024, partly due to increased renewable generation and lower costs after disconnecting coal plants. | Completed construction or acquisition of 3.0 GW of renewables primarily in the United States and Chile in 2024. | Sales was USD 2,343.01 million in 2024 compared to USD 2,741.65 million in 2023. |
Engie Energía Chile S.A. - A subsidiary of Engie Chile SA, involved in the generation, transmission, and supply of electricity, and transportation of natural gas. | Engie Energía Chile is a significant player in the Chilean energy market, particularly in generation and transmission. It serves large mining and industrial customers, as well as distribution companies. The company is transitioning its generation matrix. | Fourth largest electricity generation company in Chile, accounting for 7% of the SEN's installed capacity as of December 31, 2024. Primarily supplies electricity to mining, industrial, and power distribution utilities. 59.99% indirectly owned by the French company, ENGIE LATAM. Reported a 28% increase in EBITDA in 2024. Received environmental approval for its first energy storage project in June 2024. | Energy Sales reached 12.6 terawatt-hours in 2024. Implemented 1.3 to 1.4 gigawatts of renewable capacity in 2024. | Revenue in 2024 was $1.8B, a 16.1% decrease from 2023. Operating revenues amounted to US$1,835.5 million in 2024. |
Colbún S.A. - A Chilean company focused on the generation and distribution of electricity. | Colbún operates a mix of hydroelectric and thermal power plants across Chile and has also expanded into Peru. The company serves electric suppliers, manufacturing companies, and mining clients. | The company entered the Paposo Pumping Central energy storage project to the Environmental Assessment System (SEIA) in May 2024. Signed energy sale contracts with 41 free clients for 2,106 GWh per year in 2024, including significant contracts with Codelco and Antofagasta Minerals. Decided on an investment of US$ 260 million for the BESS Celda Solar battery project, with an agreement with Tesla, for 228 MW / 4 hours of storage. | Signed energy sale contracts for 2,106 GWh per year in 2024. Operates hydroelectric and thermal power plants. | Sales was USD 1,575.98 million in 2024 compared to USD 2,003.62 million in 2023. Ordinary activities income during 2024 ascended to US$1.576 million, decreasing 21% compared to December 2023. TTM revenue as of April 2025 is €1.38 Billion. |
Transelec S.A. - The main electric energy transmission company in Chile. | Transelec owns and operates a significant portion of Chile's high-voltage electricity transmission lines and substations, playing a critical role in the national grid. Its system spans a vast distance, connecting different regions of the country. | Most important electric energy transmission company in Chile. System extends between the region of Arica and Parinacota and the region of Los Lagos. Owns a majority share of the trunk electricity transmission lines and substations of the two largest interconnected systems in Chile (SIC and SING). Owns 26% of 500 kV lines, 49% of 220 kV lines, 90% of 154 kV lines, and 10% of 110 kV and 66 kV lines. Leased an electrical power transmission system to connect the QB2 project to the grid, with the lease commencing in Q4 2023 and requiring annual payments of approximately US$22 million. | Owns and operates a significant portion of the national transmission network. | Ordinary activities income reached $445.475 million CLP in 2024 (approx. $470 million USD), a 5.5% decrease from $471.267 million CLP in 2023. Revenue has exceeded MM$ 400,000 in the last three years. |
Sonnedix - An international renewable energy producer with significant solar and wind projects and development activities in Chile. | Sonnedix develops, constructs, and operates solar, wind, and storage projects globally, with a focus on providing clean electricity. Chile is one of the key countries where they have operations and are pursuing growth opportunities. | Operates, constructs, and is in different phases of development across ten countries, including Chile. Acquired Arcadia Generación Solar S.A. from Enel Chile for approximately US$ 550 million in October 2023. Arcadia Generación Solar owns four photovoltaic plants with a total of 416 MW installed capacity in the Atacama and Antofagasta regions. Revenue increased in 2023 partly due to acquisitions in Chile. Continuously building and executing a pipeline of new projects and M&A opportunities. | Global capacity of over 11 GW in 2024. Owns 416 MW of photovoltaic capacity in Chile through Arcadia Generación Solar. | Global revenue increased in 2023. Chile-specific revenue for 2024 is not detailed in the provided sources, but acquisitions in Chile contributed to revenue growth in 2023. |
Statkraft - A Norwegian state-owned power company with international operations, including investments in renewable energy in Chile. | Statkraft is a major international player in hydropower, wind, and solar energy. Their activities in Chile are part of their broader strategy for growth in renewable energy markets outside of their home country. | Net operating revenues globally were NOK 53.7 billion in 2024. Underlying EBIT in the International segment (which includes Chile) increased in 2024, reflecting new wind power assets in Brazil and Chile. Acquired the Spanish-based renewable energy company Enerfin in May 2024 for NOK 18 billion; Enerfin had operations in Chile. Actively developing renewable energy projects and pursuing acquisitions. | Total power generation globally was 66.3 TWh in 2024. Global total power generation capacity rose by 10.3% to 21.4 GW in 2024. Has wind power assets in Chile. | Net operating revenues globally were NOK 53.7 billion in 2024 (approx. $5.1 billion USD). Chile-specific revenue for 2024 is not separately reported in the provided sources, but the International segment's performance improved partly due to new wind assets in Chile. |
Cerro Dominador - Operator of the first Concentrated Solar Power (CSP) plant using tower technology in Latin America, located in Chile. | Cerro Dominador is a pioneering project in the Chilean renewable energy landscape, combining CSP and photovoltaic technologies to provide dispatchable solar power. It represents a significant step in diversifying Chile's energy mix. | Operates the Cerro Dominador hybrid CSP and PV plant with a total capacity of 210 MW. The plant began operation in 2021. Focused on increasing the number of unregulated customers. Explored studies on the implementation of green hydrogen projects. | Operates a 210 MW hybrid CSP and PV plant. | Business income was 90% of total income in 2022. Specific revenue figures for 2024 are not available in the provided snippets. |
CGE (part of State Grid) - One of the main electricity distribution companies in Chile. | CGE is a key player in the distribution segment of the Chilean electricity market, responsible for delivering electricity to a large number of regulated customers across a wide geographical area. It is part of a major global utility company. | Belongs to the State Grid Corporation of China, one of the largest electricity companies globally. One of the principal distribution companies in Chile and a member of the Asociación de Empresas Eléctricas A.G.. Involved in the distribution value chain, serving regulated customers. | Serves a significant number of customers in the regulated segment. Owns transmission assets as CGE Transmisión. | Specific revenue figures for CGE's operations in Chile for 2024 are not available in the provided snippets, but its parent company is a major global player. |
Chilquinta Energía - Another significant electricity distribution company in Chile. | Chilquinta Energía is a major electricity distribution company primarily serving a specific concession area in Chile. Like CGE, it is responsible for the last-mile delivery of electricity to homes and businesses. | One of the principal distribution companies in Chile and a member of the Asociación de Empresas Eléctricas A.G.. Operates in the distribution segment, focused on regulated customers. | Serves a large number of customers within its concession area. | Specific revenue figures for Chilquinta Energía for 2024 are not available in the provided snippets. |
References¶
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- Enel Chile S A : On July 12, 2023, Enel Chile signed a contract with Sonnedix, an international renewable energy company, regarding the sale of Enel Chile's 99.99% ownership share of subsidiary Arcadia Generación Solar S.A. for approximately US$ 550 million, price which may vary according to the adjustments established in the sales agreement. The transaction is expected to have a positive US$ 110 million net income effect on the Company in 2023. Arcadia Generación Solar S.A. owns four ph - MarketScreener. https://vertexaisearch.cloud.google.com/grounding-api-redirect/AWQVqALqalUFAbd_AJPXTTrZsDEuZwpZ-JzYCGhFMOOq0pJZZTwt6_3HvTdqWI7it89Cvz0YpzXxXyOp5jObXwk4JjwZE_Jr1Zq_DLDjOX6Rjx4aOKL9CtI9eBkGnpTAwaAXhEuMBqcHEcpnokg5xxPfy0n3y1JlSlGHGKqXvp2umiNLXiDV9sYv7QBipB4zDncrN8jz7NRVfNTJadiDTtE_ab8Bmc4Zp8JS7NVKJZulwxluMYtCS2kPIkFysGMdEMyphs_MF-XNZVSYpfS_1hO86Av668Ncn154IGM_R_ZHLaNKshkP2ZUgNFbu
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