Financial Performance - H1 2025 EBITDA increased by 10% to $659 million compared to $597 million in H1 2024[6, 21] - H1 2025 Net Income decreased by 8% to $246 million compared to $267 million in H1 2024[21, 33] - H1 2025 FFO was $403 million, driven by $261 million received from PEC's factoring[6, 36] - Q2 2025 EBITDA decreased by 3% to $293 million compared to $304 million in Q2 2024[21, 27] Operational Highlights - Hydro generation in Q2 2025 was in line with last year's levels[6] - Thermal generation and gas trading showed notable performance[6] - H1 2025 North Zone thermal generation increased by 7%[10] - Emission-free production accounted for 78% of net installed capacity[14] Regulatory and Portfolio Management - VAD 2024-28 Consultant's final report is expected in Q3 2025[6, 17] - H2 2025 energy regulated tariff decree was published in July 2025[6, 17] - BESS ancillary system regulation is expected to be released in Q3 2025[6] - Total receivables net of recovery Jun/25 PEC 164 million USD[17] Debt and Liquidity - Gross debt was $3.650 billion as of June 30, 2025[39] - The company has a robust liquidity position of $1.7 billion[39] - 86% of gross debt has a fixed rate[39]
Enel Chile(ENIC) - 2025 Q2 - Earnings Call Presentation