Enel Américas is one of the largest private companies in Latin America, totaling 15,965 MW of installed capacity and delivering energy to more than 26.3 million customers, as of March 2022.
[6] On August 1, 1988, by virtue of that agreed at the General Extraordinary Shareholder's Meeting of April 12, 1988, one of the corporations born out of the division changed its company name to Enersis S.A.
The same year, and with the purpose of successfully facing the challenge of development and growth, the company was divided into five business units, which gave rise to five affiliates.
In the General Extraordinary Shareholder's Meeting of April 11, 2002, the corporate purpose of the company was modified, introducing the activities of telecommunications and the investment in and administration of companies having telecommunications and information technologies and business intermediation through the Internet as corporate purposes.
The restructuring consisted in separating the electric power generation and distribution activities developed in Chile, from the rest of the countries.
In this way, Enel Americas S.A. was created, a company continuing Enersis with activities in Argentina, Brazil, Colombia and Peru, and Enel Chile S.A. Today, Enel Americas S.A. is one of the largest private electric power companies in Latin America, in terms of consolidated assets and operational income, which has been achieved through a stable and balanced growth in its electric power businesses: generation, transmission and distribution.
The proceeds were used to conclude the purchase of AES Eletropaulo – the biggest distribution company of South America, with 7.2 million clients, in the city of São Paulo, Brazil – and to restructure Enel Brasil's pension fund liabilities related to the aforementioned purchase.
[8] On December 18, 2020, the Company's Extraordinary Shareholders’ Meeting approved the Merger by incorporation of EGP Américas into Enel Américas by a large majority, allowing the latter to control and consolidate the ownership of the renewable energy business and generation assets that Enel Green Power develops and owns in Central and South America (except Chile).
On September 23, 2022, a purchase and sale agreement was signed with Equatorial Energia S.A., to sell 99.9% of the shares of Enel Distribución Goiás.
The primary purpose of Enel X Colombia is to focus on public lighting tenders, supplementing the activities of Codensa.
These Enel X companies expect to offer turnkey projects for municipalities and other public and governmental entities, industrial or residential customer appliances such as photovoltaic systems, heating ventilation air conditioning, led lighting, projects related to energy efficiency, and the development of public and private electric mobility, and charging infrastructure, in all cases including customers outside of the concession areas.
These indexes are part of the FTSE4Good series and incorporate companies listed on stock exchanges around the world that meet high environmental, social and governance (ESG) standards based on the principles of responsible investment.
This recognition, obtained with an A− score, acknowledges its actions to reduce emissions, mitigate climate risks and develop a low-carbon economy.