Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations) - Fitch Research

Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations)

Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations) - Fitch Research
Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations)
Published Nov 11, 2020
7 pages (4462 words) — Published Nov 11, 2020
Price US$ 999.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...The electricity sector in Chile (A¡Stable) is one of the most resilient sectors in the country during the coronavirus pandemic and the resulting economic fallout. Fitch Ratings expects the pandemic to moderately affect overall revenues and leverage metrics. Most electric corporates in Chile have sufficient leverage headroom and liquidity to absorb shocks. Chilean generation companies' (GenCos) performance was in line with Fitch's third-quarter 2020 (3Q20) projections made after the coronavirus outbreak. Overall revenues declined 4%, on average, for the first nine months of 2020 (9M20), compared with the same period of 2019 for AES Gener S.A. (BBB¡/Stable), Colbun S.A. (BBB+/Stable) and Engie Energia Chile S.A. (BBB+/Stable). Enel Chile S.A. (A¡/Stable) reported a 2.4% increase in energy generation revenues. Aggregate EBITDA declined between 3%¡4% in 9M20 for Colbun and Engie Chile, primarily due to lower regulated energy sales, offset by lower energy supply costs. Enel Chile's EBITDA contracted...

  
Report Type:

Special Report

Company(ies)
Transelec S.A. , Compania General de Electricidad S.A. , Enel Generacion Chile S.A. , Colbun S.A. , AES ANDES S.A , Guacolda Energia SPA , Chilquinta Distribucion S.A. , Engie Energia Chile SA , Empresa Electrica Angamos SpA , Enel Chile SA , Empresa Electrica Cochrane Spa
Issuer
Engie Energia Chile S.A.
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Fitch Research. "Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations)" Nov 11, 2020. Alacra Store. May 09, 2025. <http://www.alacrastore.com/fitch-credit-research/Pandemic-Progress-Check-Chilean-Electricity-Resiliency-in-Managing-Pandemic-Effects-3Q20-Performance-Meets-Expectations-RPT_10142296>
  
APA:
Fitch Research. (2020). Pandemic Progress Check: Chilean Electricity (Resiliency in Managing Pandemic Effects, 3Q20 Performance Meets Expectations) Nov 11, 2020. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/fitch-credit-research/Pandemic-Progress-Check-Chilean-Electricity-Resiliency-in-Managing-Pandemic-Effects-3Q20-Performance-Meets-Expectations-RPT_10142296>
  
US$ 999.00
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