Unit 1 of Nehuenco Complex restarted operations after the fire occurred during 3Q23
Fenix Power carried out itsannual maintenance
2. COMMERCIAL STRATEGY
912 GWh
2025
15 years
Renewable
Starting on
Tenor
energy
912 GWh
2025
15 years
Renewable
Starting on
Tenor
energy
4
HIGHLIGHTS OF THE QUARTER
INTI PACHA
HORIZONTE
1, 2 & 3
816 MW + 180 MW
750 MW PV
+ 400 MW STORAGE
3. PIPELINE OF PROJECTS
•
The Company began the EIA
for Cuatro Vientos wind farm
•
Diego de Almagro, Inti Pacha
and Jardin Solar don't have
CELDA SOLAR
422 MW PV
240 MW STORAGE
JARDÍN
SOLAR
537 MW PV
+ 200 MW STORAGE
PROGRESS
STAGE
DIEGO DE ALMAGRO
200 MW STORAGE
1,020 MW
816 MW
Environmentally
approved
Construction
2,594 MW
Under EIAS
JUNQUILLOS
360 MW
CUATRO VIENTOS 200 MW
to submit a new EIAS for
their battery projects
• 80% progress was reached
on the Horizonte wind
project. The Company
entered a modification
project into the EIAS, which
will increase the current
capacity by 20%
5
HIGHLIGHTS OF THE QUARTER
BAYÓVAR
660 MW
NAYLAMP
238 MW
TRES QUEBRADAS
238 MW
ALGARROBAL
400 MW
PROGRESS
898 MW
638 MW
STAGE
Under
Preparing
EIAS
EIAS
3. PIPELINE OF PROJECTS
Fenix Power began the operation of its first green hydrogen plant
Fenix entered the Bayóvar Project into Environmental Impact Approval System for evaluation by the authority
6
SUBSEQUENTS HIGHLIGHTS
1. DIVIDEND DISTRIBUTION
US$27
US$170
mm
mm
▪
Definitive dividend
▪
Distributed in December
▪
Charged to 2023's profit
▪
Charged to 2023's profit
US$197
mm
50% on distributable net income
According to the Dividend Policy
7
1Q24 CONSOLIDATED RESULTS
8
1Q24 CONSOLIDATED RESULTS
Markets update
MARGINAL COSTDEMAND GROWTHHYDRO CONDITIONS
US$47/MWh
3.8%
57%
Alto Jahuel
1Q24/1Q23
Exceedance
probability
MARGINAL COSTDEMAND GROWTHHYDRO CONDITIONS
US$32/MWh
3.6%
10%
Santa Rosa
1Q24/1Q23
Exceedance
probability
9
1Q24 CONSOLIDATED RESULTS Physical sales and operating income
CONSOLIDATED OPERATING
US$382 million
INCOME
-31% Q/Q
Sales Volume (GWh)
1Q23
1Q24
QoQ
Regulated Clients
621
248
(60%)
Unregulated Clients
2,438
2,330
(4%)
Sales to the Spot Market
304
553
82%
Total Energy Sales
3,363
3,131
(7%)
Operating Income (US$ mm)
1Q23
1Q24
QoQ
Regulated Customers Sales
83
26
(69%)
Unregulated Customers Sales
290
205
(29%)
Energy and Capacity Sales
107
65
(39%)
Other Operating Income
15
35
-
Total Operating Income
495
331
(33%)
Sales Volume (GWh)
1Q23 1Q24 QoQ
Regulated Clients
505
298
(41%)
Unregulated Clients
363
281
(23%)
Sales to the Spot Market
82
239
-
Total Energy Sales
950
817
(14%)
Operating Income (US$ mm)
1Q23
1Q24
QoQ
Regulated Customers Sales
40
24
(41%)
Unregulated Customers Sales
15
15
-
Energy and Capacity Sales
2
9
-
Other Operating Income
2
3
51%
Total Operating Income
60
51
(15%)
10
Attachments
Original Link
Original Document
Permalink
Disclaimer
Colbún SA published this content on
03 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
03 May 2024 13:40:05 UTC.
Colbun SA is a Chile-based company engaged in the generation and distribution of electricity. The Company operates, through its affiliated companies, in the generation, transportation, transformation, distribution, supply or commercialization of electric power and management or operation of power plants. Its clients range from electric suppliers to manufacturing and mining companies. The Companyâs energy sources include Hydroelectricity and Thermoelectricity. The Company operates hydroelectric power plants and thermal power plants, which can run on petroleum and natural gas and coal. Its power plants and projects contribute energy to the Central Interconnected Grid (CIG). Its power stations are distributed throughout 4 basins and 4 regions of the southern central region of Chile. The Companyâs affiliated companies include, among others, Termoelectrica Antilhue SA and Empresa Electrica Industrial SA. It owns also power generation assets in Peru.
COLBÚN S.A. 
