Enel Americas Launches Plan to Increase US $ 5,700 Million EBITDA by 68%



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The company has an investment plan of 5,300 million US dollars for the years to come

Launch of a business plan focused on increasing returns, Enel Américas, a subsidiary of the Italian company of the same name located in Brazil and Colombia, Argentina and Peru.

The company expects to grow from an annual EBITDA of US $ 3,400 million in 2018 to US $ 5,700 million, an increase of 68%, it was said during the meeting. A press conference.

they reported investments of US $ 5,300 million, focused on networks and infrastructure.

In addition, the company hopes to reduce its efficiency spending by 285 million US dollars.

The growth of the company will be mainly attributable to Brazil, where they have just finalized the purchase of Eletropaulo, the country's largest distributor, with seven million customers.

The company explained that a significant portion of the increase in this unit is provided by an update of the rate that will be carried out next year when they expect it to be. Authority raises customs duties by 9%, which is accompanied by a 2.4% increase in additional energy sales.

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