Enel Chile Announces Major Capital Increase in Affiliate
Company Announcements

Enel Chile Announces Major Capital Increase in Affiliate

Enel Chile SA (ENIC) has released an update.

Enel Chile S.A. has announced a significant capital injection into its affiliate Enel X Way Chile SpA, totaling over 5 billion Chilean pesos, which will be paid in full with cash. This move will increase Enel Chile’s stake from 49% to approximately 62.5%, making it the majority shareholder and parent company, with no anticipated major impact on Enel Chile’s financial position.

For further insights into ENIC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskEnel Chile Boasts Strong Mid-Year Financial Growth
TipRanks Auto-Generated NewsdeskEnel Chile Adopts New Related-Party Transactions Policy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App