Quarterly ResultApr 30, 2026, 02:57 PM
ENIC Q1 Net Income $162M (-7%); EBITDA $423M (+15.8%); New BESS Project
AI Summary
Enel Chile S.A. reported a 7.0% decrease in net income attributable to shareholders, reaching US$ 162 million for Q1 2026, primarily due to higher financial expenses. However, consolidated EBITDA increased by 15.8% to US$ 423 million, driven by an 8.7% rise in operating revenues. The company also commenced construction of the Azabache BESS battery energy storage system, a hybrid renewable energy project. Additionally, Enel Chile changed its functional currency to U.S. dollars effective January 1, 2025.
Key Highlights
- Net income attributable to shareholders reached US$ 162 million, a 7.0% decrease compared to March 2025.
- Consolidated EBITDA increased by 15.8% to US$ 423 million as of March 2026.
- Operating revenues totaled US$ 1,198 million, an 8.7% increase compared to March 2025.
- Generation Segment EBITDA increased by 22.0% to US$ 386 million.
- Distribution & Networks Segment EBITDA decreased by 18.3% to US$ 41 million.
- Began construction of the Azabache BESS battery energy storage system (94 MW, 372 MWh).
- Gross financial debt increased by US$ 41 million to US$ 3,882 million.
- Functional currency changed from Chilean pesos to U.S. dollars effective January 1, 2025.