Type | Public (IPSA:COLBUN) |
---|---|
Industry | Utility |
Founded | 1986 |
Headquarters | Santiago, Chile |
Key people | Bernardo Matte Larraín, CEO |
Products | Electricity |
Revenue | US$ 1.0 Billion (2010) |
Net income | US$ 112.3 Million (2010) |
Website | www.colbun.cl |
Colbún (IPSA:COLBUN) is a Chilean electricity generator (known as Colbun Machicura between 1986-2000). Created from hydroelectric plants and Colbun Machicura ENDESA in 1986 and transferred as a subsidiary of Corporacion de Fomento de la Produccion (CORFO). In 1997, CORFO sold its 37.5% share, and in March 1997 is fully privatized. Main shareholders are Minera Valparaiso SA (Group Matte) (34.97%) and Electropacífico Investment Ltd. (28.60%).