Fernando Salis's questions to Enel Chile SA (ENIC) leadership • Q2 2025
Question
Fernando Salis of BTG Pactual asked if the decision to launch BESS projects was based on expectations of an improved regulatory proposal, whether the projects would be hybrid or standalone, and if there was progress on earlier recognition of resilience investments.
Answer
CEO Gianluca Palumbo explained that the new ancillary services proposal allows for capturing higher spot prices, supporting the BESS investment. He confirmed the projects will hybridize existing PV plants in Northern Chile to improve non-solar hour production. Regarding distribution, he stated there has been no progress on earlier recognition of resilience investments, but the company continues to advocate for it.