The Group plans to invest a total of approximately $1.7 billion over the period 2023-25.
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SPANISH
Capital allocation to support a decarbonised electricity supply
The 2023-2025 Plan
The Group expects to mobilize around 1.7 billion dollars between 2023 and 2025.
71%
of the investments will be allocated to renewables
It is planned to reach 7.5 GW of renewable capacity by 2025, 1.9 GW more than 2021, including approximately 200 MW of storage.
18%
of the investments will be allocated to the distribution networks
Of these investments, 44% will be used in customer connections to the network, 31% in quality and resilience projects and, finally, 25% for digitization.
By 2025, the Enel Chile Group aims to reach a total renewable capacity of around 7.5 GW, +1.9 GW vs 2021, as well as increase the network's end-user base by 101 thousand and promote the electrification of energy consumption, increasing the volumes of electricity sold in the development of services "beyond commodities", such as electric public mobility or behind-the-meter storage, in collaboration with partners.
The Strategic Plan 2023-2025
1.700
million dollars
Invested in our sustainable strategy
With 90% alignment with the UN SDG Sustainable Development Goals and more than 85% alignment with European Union taxonomy criteria.
2025: Accelerate delivery and improve our positioning
The Group's total renewable capacity is expected to increase to 7.5 GW. As a result, zero emission generation is estimated to reach 79% by 2025 and CO2 emissions are expected to decrease by more than 62% compared to 2021, positioning the Group to achieve its "Zero Emissions" targets of according to the established deadlines.
2.2
million
End Users in Infrastructure and Networks
1.0
TWh
2.9x of electricity sold by electrification of consumption vs 2022
Allow the electrification of customers' energy demand
The 2025 Plan
The Group's strategic actions will aim to increase value for customers in the Business to Consumer ("B2C"), Business to Business ("B2B") and Business to Government ("B2G") segments, increasing their level of electrification and improving the services offered.
Given the electrification projects, 1,174 thousand tons of CO2 will stop being emitted by 2025, taking 2019 as a reference.
Focusing on value creation along the value chain
To strengthen its customer-centric strategy, the Enel Chile Group has defined in its commercial strategy the allocation of capital towards customer needs, taking advantage of electrification and at the same time providing excellent levels of service.
Advancing sustainable objectives "Zero Emissions"
The Enel Chile Group Strategy and its projected positioning will make it possible to advance its "Zero Emissions" commitment by 10 years, from 2050 to 2040. In fact, Enel Chile completely abandoned coal-fired generation during 2022, with the closure of Bocamina II and plans to abandon gas generation by 2040, replacing its thermoelectric portfolio with new renewable capacity, as well as hybridizing renewables with storage solutions. In addition, it is expected that by 2040 the electricity sold by the Group will be produced entirely from renewable energies.