Question · Q4 2025
Fernand Gonzalez asked for details on new capacity, including location, expected Commercial Operation Date (COD), and whether it will be added to existing assets. He also questioned if distribution investments in smart meters and remote control CapEx are remunerated or if pre-agreements exist.
Answer
CEO Gianluca Palumbo stated that new capacity focuses on retrofitting existing plants in northern Chile, with construction starting in 2026 and COD expected in 2027, alongside additional BESS investments for 2027-2028. He clarified that smart meter and remote control investments are not automatically remunerated in Chile's regulated model, requiring CNE recognition or specific regulatory approvals, with no standing pre-agreements.
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