Chile · Delayed Price · Currency is CLP Engie Energia Chile Earnings Call Transcripts
Fiscal Year 2025
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Strong financial and operational results in the first nine months of 2025, with EBITDA up 23% year-over-year and significant progress in renewables and battery storage. Guidance for 2025 is confirmed, and the company is executing a $1.4 billion investment plan in clean energy.
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Strong H1 2025 results with EBITDA up 23% to $362M and net income at $186M, driven by higher renewable capacity, arbitration award, and robust asset performance. Upgraded 2025 EBITDA guidance to $650–$700M and CapEx to $900–$975M, with net debt/EBITDA at 3.3x.
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Q1 2025 saw a 15% EBITDA increase to $160 million and net income rise to $78 million, driven by strong operational performance and renewables growth. Dividend payments resumed, liquidity improved via receivables monetization, and a $1.4 billion investment plan in renewables and storage is underway.
Fiscal Year 2024
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Strong 2024 results with EBITDA up 28% to $515M and net income at $228M, driven by cost reductions, renewables ramp-up, and successful PEC receivables monetization. $1.4B CapEx planned for 2025–2027, with coal exit and major renewables expansion on track.
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EBITDA surged 36% to $424M and net income nearly tripled to $201M, driven by lower costs, improved hydrology, and strong sales. Liquidity was enhanced by monetizing PEC receivables and issuing a $225M green bond, while investments in renewables and batteries remain on track.
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EBITDA surged 56% to $294M in H1 2024, with net income tripling to $151M, driven by lower costs and higher margins. Upgraded guidance, strong liquidity from receivables monetization, and accelerated investments in renewables and storage support future growth.