Endesa is the leading private electricity multinational in Latin America and the largest electric utility in Chile, Argentina, Colombia and Peru. It also has a solid position in Brazil.
It supplies electricity to five of the region’s six largest cities (Buenos Aires, Bogota, Santiago, Lima and Rio de Janeiro), owns the CIEN interconnection line between Argentina and Brazil, and has a stake in the SIEPAC electricity interconnection system that will eventually link six Central American countries.
The companies in which Endesa has interests in Latin America had total installed capacity of 15,832 MW at the close of 2011. Their aggregate output in the year was 62,767 GWh — 0.6% more than the previous year — with sales of 69,553 GWh, 3.4% more than in 2010, to a total of 13.7 million customers, i.e. 382,000 more than in 2010.
Endesa operates in Latin America through its 60.62% ownership interest in Chilean multinational Enersis and its direct holdings in other electric utilities in the region.
Endesa is firmly committed to protecting the environment in these countries. As evidence of this, at the end of 2011, all of Endesa’s installed capacity in Latin America and its six distributors in the region had ISO 14001 environmental certification.
Endesa's Latin American investees are also firmly committed to the principles of Corporate Social Responsibility. On an internal level, they give priority to personal health and safety and work proactively in this area. In this spirit, they have been obtaining certification for occupational health and safety management systems at their workplaces, under the OHSAS 18001 standard. By the end of 2011, all the companies in the region had obtained this certification and efforts were being made to ensure that contractors attain the same standard. Thanks to the hard work and commitment of all concerned, in the Latin American business the Global Frequency Index was reduced by around 20% compared with 2010.
At year-end 2011, Endesa’s generation investees in Latin America had total installed capacity of 15,832 MW, virtually the same as at year-end 2010.
Endesa’s total electricity output in Latin America was 62,767 GWh in 2011, a year-on-year increase of 0.6%.
In 2011, two further sections were completed of the SIEPAC interconnection project between the electricity systems of Costa Rica and Nicaragua and between Honduras and El Salvador, bringing the total length of line in service to 575 km. In total, 1,575 km of line has been built, 87% of the total length of the project.
Endesa’s Latin American distribution investees sold a total of 69,553 GWh of power in 2011, up 3.4% compared with 2010.
At the end of the year, Endesa had over 13 million customers in the five Latin American countries where it operates, up 2.9% compared with 2010.