Sociedad Austral de Electricidad (Saesa) is a Chilean company focused in power distribution in southern Chile, mainly in regions La Araucanía (IX) and Los Lagos (X), where it has a concession area of 19,854km2 . The company and its subsidiaries serve more than 370,000 clients through a network of 155km of 110kV lines. Saesa is involved in the development of the 2x 220kV Cardones- Diego de Almagro line that aims to increase the transmission capacity of the country's Central Interconnected System. The other project where the firm participates is the Ciruelos-Pichirropulli transmission line. The firm is an indirect subsidiary of Inversiones Eléctricas del Sur S.A., firm through which Canadian pension funds Ontario Teacher's Pension Plan Board and Alberta Management Corporation controlled all companies of the Saesa Group.