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☆ More Than 400,000 Customers Without Power in Santiago, Chile
▼ + stars: | 2024-06-06 | by ( John Yoon | More About John Yoon | ) www.nytimes.com time to read: +1 min

Electricity providers in Santiago, Chile’s capital, raced to restore service early Thursday after an outage left hundreds of thousands of customers without power, officials said. Around midnight, a tree fell on a high-voltage transmission tower owned by a private company, Chile’s National Disaster Prevention and Response Service said in a statement. Videos on social media showed a large part of the city plunging into darkness shortly after midnight. At least 428,000 customers in multiple parts of the city, or about 6 percent of the population of Santiago’s metropolitan area, were without power, Chile’s National Disaster Prevention and Response Service said in another statement. Enel Distribución said that it was working with transmission companies to restore power.

Persons: Enel Distribución Organizations: Prevention Locations: Santiago, Chile’s, Santiago’s

☆ Enel agrees to sell two Peruvian assets to China's CSGI for $2.9 bln
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +1 min

MILAN, April 7 (Reuters) - Italy's biggest utility Enel (ENEI.MI) said on Friday it agreed to sell its equity stakes in two Peruvian assets for $2.9 billion to China Southern Power Grid International (CSGI). Enel launched an asset sale plan in November that would narrow its focus to six core countries and cut its debt. At the end of last year, the company's net debt was down to 60.1 billion euros ($65.49 billion) from a peak of nearly 70 billion euros at the end of September. The deal is expected to reduce in Enel's consolidated debt by around 3.1 billion euros this year, with a positive impact of around 500 million euros on reported net profit. Under the agreement, Enel's Peruvian subsidiary will sell its entire stake of 83.15% in power distribution and supply company Enel Distribucion Peru and 100% of Enel X Peru, which provides advanced energy services, it said in a statement.

☆ Enel Peru says state-run Chinese power firm eying possible purchase
▼ + stars: | 2023-02-24 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

LIMA, Feb 24 (Reuters) - The Peruvian unit of Italy's biggest power utility, Enel (ENEI.MI), said on Friday that state-owned China Southern Power Grid is carrying out "due diligence" on the local unit for a possible purchase offer on its energy distribution operations. Bloomberg reported earlier on Friday that the Chinese firm is weighing a possible bid for Enel's distribution business in Peru, which it said could be valued at some $3 billion. The Guangzhou-based power company's owner, state-owned Assets Supervision and Administration Commission of the State Council (SASAC), did not immediately respond to a request for comment. Part of that announcement included the plan to put up for sale Enel Peru's distribution and generation assets, which the state-controlled firm said was already under way at the time. On Friday, shares of Enel Distribucion Peru rose 25% on Lima's main stock exchange.

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