| Empresa Nacional de Electricidad S.A. (Endesa Chile) is an electric generation company with operations in Chile, Argentina, Colombia and Peru, as well as interest in Brazil. The Company's core business is electricity generation. It also participates in the engineering services industry and has a highway concession. As of December 31, 2007, Endesa Chile's consolidated installed capacity was 12,720 megawatts, with 62.6% hydroelectric capacity and 37.2% thermal electric and 0.2% wind power generation capacity. As of December 31, 2007, the Company owned and operated 25 generation facilities in Chile, with an aggregate installed capacity of 4,779 megawatts. As of December 31, 2007, it also had interests in 25 generation facilities outside Chile, with an aggregate installed capacity of 7,941 megawatts. In October 10, 2007, Enel Energy Europe S.R.L., a subsidiary of Enel S.p.A and ACCIONA, S.A. jointly and concurrently acquired 92.06% interest in ENDESA, S.A. |
CFO, Manuel Irarrazabal, talks about
