Enel Chile S.A. Earnings Recaps
Q3 2025
Nov 5, 2025
Enel Chile delivered stable EBITDA for the first nine months of 2025, successfully mitigating hydrological challenges through a strong thermal generation performance and strategic gas utilization.
Key takeaways
- EBITDA held steady year-over-year despite a difficult hydrological context, reflecting operational resilience.
- Recovery of $261 million in receivables bolstered cash flow, enhancing liquidity and capacity to support development plans.
- Successful execution of a winter plan improved grid resilience and service continuity, particularly for vulnerable customers.
- Thermal production was up, offsetting a 9% decrease in net production driven by lower hydro dispatch and renewable energy maintenance.
- Contracted gas sales to Europe helped maintain margins amidst market volatility, with ongoing evaluations for securing competitive gas in 2026.