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Showing posts with label Utilities. Show all posts
Showing posts with label Utilities. Show all posts

Friday, May 2, 2014

Earnings of E-CL amount to US$24.8 million in the first quarter of 2014

Operating revenue was US$ 308.4 million, 8% higher than in the first quarter of 2013. EBIDTA was US$80 million, representing a 20% increase over the same period of the previous year.

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Colbún reported revenues of US$413.2 in 1Q14

According to the latest statement from power company Colbun, energy sales volume to customers under power purchase agreements during 1Q14 reached 3,004 GWh, 17% higher than contracted physical energy sales recorded during the same period of the previous year and 5% lower than 4Q13. The increase as compared to 1Q13 is due mainly to the new long-term supply contract with Codelco that started in Mar13, and to a lower extent to an additional short-term supply with the same free customer that started in May13. The decrease in contracted sales for the quarter versus the previous quarter is due mainly to the expiry of two contracts with free customers.

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Enersis increase its stake in Edegel

Enersis increase its stake in Edegel
Enersis has signed a US$413 million purchase contract to increase its stake in Peru's Edegel from 37.5% to 58.6%.  Once completed the operation, Enersis will control 58.6% of the peruvian power company.

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Sunday, May 12, 2013

AES Gener earnings decreased 34% in the first quarter of 2013

AES GenerAES Gener presented it's financial information for the three first months of the current year. In this period, the company registered earnings of USD $62 million in the same period, 34% lower than the net income of USD $93 million in the same period in 2012.  At the same time, it reported an EBITDA of US$167 million, which represents a decrease of 10% over the first quarter of 2012, principally the result of lower gross profit in 2013.

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Wednesday, May 1, 2013

Colbun informed it's results for the first quarter of 2013

Colbún Generación Eléctrica
According to he information presented to the Chilean Securities and Insurance Supervisor (SVS), Colbún reached a profit of USD $ 24.4 millions in the period ended on march, 31, 2013.  This results is an increase from the USD $ 9.2 obtained in the same three months of the previous year.


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Enersis' net income decreased 16 percent during 2013 first quarter

Enersis
Enersis Group net income reached CLP $84,159 millions in the first quarter of 2013,  decreasing 16.4% from the CLP $100.661 millions registered in the same period of the last year, based on the information presented by the company to the Chilean Securities and Insurance Supervisor (Superintendencia de Valores y Seguros - SVS).

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Endesa's profits decreased 4% during 1Q2013

Endesa
Net profit attributable to the Parent Company of Endesa reached $63,334 million in the period ended on march 31, 2013, a 4.4% decrease compared to the figure posted in the first three months of 2012. This was largely due to the $14,950 million higher deferred tax expense in Chile and a one percent increase in the tax rate in Colombia.

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Aguas Andinas' results were affected by water stoppages in January and February

Aguas AndinasAguas Andinas' earnings for the first quarter of 2013 reached Ch$38,205 million, 8.6% lower than the same period of the previous year, based on the information presented by the company to the Chilean Securities and Insurance Supervisor (Superintendencia de Valores y Seguros - SVS.

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Main chilean economic news, including macroeconomic information, industry performance and company results of each quarter.

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