EMPRESAS EMEL S.A.

EMPRESAS EMEL S.A.

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Company Overview
Empresas Emel S.A. is a Chilean based joint venture holding company that is engaged in the distribution and transmission of electricity. The company, which through its subsidiaries, serves approximately 558,000 customers. It primarily operates in central Chile, Arica, Iquique, Antofagasta, and Copiapo regions. Emel is headquartered in Santiago, Chile. The company operates as a subsidiary of Compaснa General de Electricidad S.A., a publicly quoted company listed on Santiago Stock Exchange.
The company manages six subsidiaries active in the electricity sector, in addition to services provision, investments, electricity calibration and measuring. Emelari S.A and Eliqsa S.A. supply electricity to the First District of Chile. Elecda S.A distributes energy to the communities of Antofagasta, Calama, Tocopilla, Mejillones and Taltal of the Second District of the country. Emelat S.A. operates in the Third District. Emelectric S.A. conducts its operations in the Fifth, Sixth, Seventh and Eighth districts and in Metropolitana. Emetal S.A. is a subsidiary of Emelectric S.A. and supplies electricity to Talca and Linares communities.
The company operates 21.9 kilometers of transmission and sub transmission lines and 917.8 kilometers of distribution lines. It is controlled by PPL Global, a subsidiary of PPL Corporation, the United States’ based electricity provider. Emel is recognized as one of Chile’s largest electricity distribution companies.
Business Summary
Empresas Emel SA is a Chile-based company engaged in the distribution and transmission of electricity.
Description and history
Empresas Emel SA is a Chile-based company engaged in the distribution and transmission of electricity. The Company manages a group of subsidiaries and affiliates, which are also involved in the electricity sector: Emelari SA, Eliqsa SA, Elecda SA, Emelat SA, Emelectric SA, Transemel SA and Emetal SA. Through its subsidiaries and affiliates, the Company distributes electric energy in I, II, III, V, VI, VII and VIII Regions of Chile. It operates approximately 900 kilometers (km) of transmission and subtransmission lines and more than 22,000 kilometers of distribution lines. Additionally, it also owns such subsidiaries as Emel Inversiones Chile Ltda, Essei SA, Aleph SA, Emel Overseas Ltd and Esmec Ltda. The Company’s majority shareholder is Compania General de Electricidad (CGE), with 97.94% of its interests.


Description in Spanish
Empresas Emel S.A. Es un conjunto de empresas privadas de servicio publico, que opera cinco filiales de distribucion electrica, ademas de otras empresas que proveen al grupo servicios tales como informatica, arriendo de vehiculos y calibracion de medidores. Esta controlado por PPL Global, filial de PPL Corporation, una de las mayores companias electricas de Estados Unidos.
Business Line
Holding company that is engaged in the distribution and transmission of electricity
Subsidiary
EMEL INVERSIONES CHILE LTDA
Advisor
ERNEST & YOUNG SERVICIOS PROFESIONALES DE AUDITORIA
IPO date

US SIC Code
4911
Company Address
AV.LIB.BDO. O’HIGGINS 886
PISOS 5 Y 6
City province or state postal code
SANTIAGO
Phone: +56 2 787 4500
Fax: +56 2 633 3849
Country address: CHILE
Website url: www.emel.cl