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Compañía General de Electricidad S.A.

Company Detail

Description

Chilean holding group CGE is engaged in the generation, transmission distribution and sale of electric power and in the distribution of natural gas and liquefied gas. In the power transmission business, the company operates, through its subsidiaries Transnet and Transemel, more than 3,600km of transmission lines; while in the power distribution business, it serves over 2.7mn clients through its subsidiaries Emel Norte, Conafe, CGE Distribución and Edelmag. In term of the gas sector, CGE distributes over 400,000t/y of liquefied gas in Chile, through subsidiary Gasco, and Colombia, through indirect subsidiaries Vidagas and Unigas; while in the natural gas division, it distributes more than 3,000Mm3/y in Chile, through subsidiary Metrogas, and Argentina, through indirect subsidiaries Gasnor and Gasmarket. 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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