E-CL S.A. is a Chilean generator engaged in the production, transportation, distribution, and supply of electrical energy in Chile. The company is also involved in the purchase, sale and transportation of natural gas. It was formerly known as Empresa Eléctrica del Norte Grande S.A. (Edelnor) and changed its name to E-CL in April 2010. E-CL is the country's largest generator on the northern SING grid, accounting for 46% of its installed capacity (2,108MW). E-CL's assets include power plants Chapiquiña (10MW), El Aguila I (2MW), Diesel Arica (14MW), Diesel Iquique (43MW), Tocopilla (1,004MW), Tamaya (104MW), Mejillones (592MW), Andina (169MW) and Hornitos (170MW). The Santiago-based company, which was founded in 1981, has 2,275km of transmission lines and a natural gas pipeline with a transportation capacity of 8Mm3/d.
In December 2015, E-CL signed an agreement with Red Eléctrica Chile SpA, a subsidiary of Spanish Red Eléctrica Corporación S.A., to sell off 50% of its share capital of Transmisora Eléctrica del Norte, S.A. (TEN) for US$217.6 mn. This sale is expected to have a positive effect in the range of US$120mn to US$150mn on E-CL's 2016 net results.
|Corporate name||E.CL S.A.|
|Address||Av. Apoquindo 3721, piso 6, Las Condes, Santiago, Region Metropolitana, Chile|