Engie Energia Chile SA (XSGO:ECL)
CLP 889.99 18.89 (2.17%) Market Cap: 937.44 Bil Enterprise Value: 3.07 Til PE Ratio: 0 PB Ratio: 0.68 GF Score: 71/100
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Q2 2024 ENGIE Energia Chile SA Earnings Call Transcript

Aug 14, 2024 / 04:00PM GMT
Release Date Price: CLP900 (+2.28%)
Operator

Good day, and welcome to the Engie Energia second-quarter 2024 results conference call.

(Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to CEO. Please go ahead.

Eduardo Martin Milligan Wenzel
ENGIE Energia Chile SA - Chief Financial and Shared Services Officer

Okay. Hello. Good afternoon, everyone. I'm here. I'm Eduardo Milligan from Engie Energia Chile, and I'm here today with Bernardita Infante, Alison Saffery and Marcela Munoz. So today, we will present Engie Energia Chile's results for the first half of 2024, and our view for the rest of 2024.

So we can start directly on page 3. So in this page, we are highlighting the main drivers of our trajectory in 2024. So first, as we explained in previous quarters, we continue to see a positive evolution in fuel prices. which have remained stable, and this is positively impacting spot prices during this year. Second, there is a positive effect coming from the new renewables, the contribution of batteries and the additional backup PPAs

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