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Compañía General de Electricidad S.A.

Company Detail

Description

Chilean holding CGE is engaged in electric power generation, transmission, distribution and trading; and natural gas distribution for the Chilean and Argentinian markets. The company operates over 3,600km of transmission lines through its subsidiaries Transnet and Transemel; while in the power distribution business in Chile it serves over 2.7 million clients through its subsidiaries Emel Norte (for the XV, I and II regions), Conafe (for the III, IV and V regions), CGE Distribución (for the V, VI, VII, VIII and IX regions, as well as the southern area of the Metropolitan region) and Edelmag (for the XII region), which also serves as a power transmission company in the region. In Argentina, the holding operates power distribution companies Energía San Juan S.A., in the San Juan province; Edet, in the Tucumán province, and Ejesa and Ejsedsa, in the Jujuy province. The three companies supply energy for 908,910 clients through 14,780km of medium voltage and 17,164km of low voltage distribution lines. In 2016, former subsidiary Gasco was split-off from the company, and the new Gas Natural Chile was incorporated. Natural gas distribution subsidiaries are Metrogas, Gas Sur and Innergy Holdings, in Chile; and Gasnor and Gasmarket, in Argentina. CGE was founded in 1905 and is based in Santiago, Chile. In 2014, it was acquired by Spain's Gas Natural Fenosa.

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