Colbun S.A.

Colbún S.A.
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%).

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