Enel Américas Monthly Outlook (December 2025) | Price, Target Price & Growth

Enel Américas

SNSE:ENELAM

$ 88,48

+ $0,08 (0,09%)

88,48 $

+$0,08 (0,09%)

End-of-day quote: 12/12/2025

Enel Américas Stock Value

Currently, analysts rate SNSE:ENELAM as Outperform.

Outperform

Enel Américas Company Info

EPS Growth 5Y

2,29%

Market Cap

$9.492,13 B

Long-Term Debt

$4.200,10 B

Annual earnings

02/27/2026

Dividend

$4,33

Dividend Yield

4,89%

Founded

1889

Industry

Utilities

Country

Chile

Website

Enel Américas

ISIN Number

CLP371861061

Website

http://www.enelamericas.com

Analyst Price Target

$115,19

30.19%

Last Update: 12/13/2025

Analysts: 5

Highest Price Target $116,11

Average Price Target $115,19

Lowest Price Target $97,82

In the last five quarters, Enel Américas’s Price Target has fallen from $113,05 to $108,89 - a -3,68% decrease. Four analysts predict that Enel Américas’s share price will increase in the coming year, reaching $115,19. This would represent an increase of 30,19%.

Top growth stocks in the utilities sector (5Y.)

What does Enel Américas do?

Enel Américas S.A., through its subsidiaries and affiliates, engages in the generation, transmission, and distribution of electricity businesses in Argentina, Brazil, Colombia, and Peru. The company is a subsidiary of Enel S.p.A. As of December 31, 2020, the company had 11,269 megawatts (MW) of net installed generation capacity and 25.6 million distribution customers. Its installed capacity consists of 112 generation units in the four countries in which it operates, of which 55% are hydroelectr...

As of December 31, 2020, the company had 11,269 megawatts (MW) of net installed generation capacity and 25.6 million distribution customers. Its installed capacity consists of 112 generation units in the four countries in which it operates, of which 55% are hydroelectric power plants.

Electricity Generation Business

In 2020, the company’s consolidated electricity sales were 66,996 gigawatt hours (GWh), and its electricity production was 40,455 GWh.

Operations in Argentina

The company participates in electricity generation in Argentina through its subsidiaries Costanera, El Chocón, and Dock Sud. As of December 31, 2020, it had 29 power units with a total net installed capacity of 4,419 MW in Argentina, representing 10.5% of the Argentine National Interconnected System’s (Argentine NIS) installed capacity in 2020. Costanera owns 11 thermal units, with a total net installed capacity of 2,210 MW, El Chocón owns nine hydroelectric units and four diesel engines, with a total net installed capacity of 1,362 MW, and Dock Sud owns five thermal units with a total net installed capacity of 847 MW.

The company’s Argentine subsidiaries have stakes in three additional companies: Termoelectrica Manuel Belgrano S.A., Termoelectrica San Martín S.A. and Central Vuelta de Obligado S.A (Vuelta de Obligado). These companies were formed to construct three generation facilities for a fund called ‘FONINVEMEM,’ whose purpose is to increase electricity capacity and generation within the Argentine wholesale electricity market. By December 2020, these units’ total aggregate capacity was 2,456 MW (823 MW from Manuel Belgrano, 823 MW from San Martín, and 810 MW from Vuelta de Obligado).

The company’s total generation in Argentina amounted to 13,901 GWh in 2020.

Electricity Sales by Subsidiary in Argentina

For the year ended December 31, 2020, El Chocón had six contracts with unregulated customers and no contracts with distribution companies.

Competition

The company’s major competitors in Argentina are the state controlled company Enarsa (with an installed capacity of 1,362 MW); the nuclear unit NASA (with an installed capacity of 1,755 MW); and the hydroelectric units Yacyretá and Salto Grande (with an aggregate installed capacity of 4,045 MW). The main private competitors are: AES Group, Sociedad Argentina de Energía S.A. (Sadesa), and Pampa Energía.

Operations in Brazil

The company participates in electricity generation in Brazil through its subsidiaries Cachoeira Dourada, Fortaleza and EGP Volta Grande. As of December 31, 2020, it had a total net installed capacity of 1,354 MW in Brazil, representing 1% of the total net installed capacity of the Brazilian system. Cachoeira Dourada is a hydroelectric company consisting of three generation units with a total net installed capacity of 655 MW, located in Midwest Brazil.

EGP Volta Grande is a hydroelectric company consisting of four generation units with a total net installed capacity of 380 MW, located in southeast Brazil. EGP Volta Grande was purchased by the company’s subsidiary Enel Brasil S.A.

Electricity Generation in Brazil

Operations in Colombia

The company participates in electricity generation in Colombia through its subsidiary Emgesa S.A. E.S.P. (Emgesa). As of December 31, 2020, Emgesa operated 36 generation units, with a total net installed capacity of 3,506 MW, of which 3,097 MW was from hydroelectric plants and 409 MW was from thermal plants.

During 2020, Emgesa sold 3,704 GWh of electricity to unregulated customers. For the year ended December 31, 2020, principal distribution customers were: Air-e, Caribemar de la Costa S.A.S. E.S.P., Codensa (the company’s subsidiary), Electrificadora de Santander, Empresas Municipales de Cali, and Empresas Públicas de Medellín.

Operations in Peru

The company participates in electricity generation in Peru through its subsidiaries Enel Generación Perú S.A.A. (Enel Generation Peru) and Enel Generación Piura S.A. (Enel Generation Piura). It operates a total of 30 generation units in Peru, with a total net installed capacity of 1,990 MW. As of December 2020, Enel Generation Peru owned 20 hydroelectric units, with a total net installed capacity of 793 MW, and the remaining 861 MW consists of seven thermal units. Enel Generation Piura owns three thermal units with an aggregate installed capacity of 336 MW.

Electricity Generation in Peru (GWh)

Enel Generation Peru has long-term gas supply, transportation, and distribution contracts for its Ventanilla and Santa Rosa facilities.

Enel Generation Piura has five long-term sale and purchase agreements for wet gas, which is mixed with other hydrocarbons. Enel Generation Piura purchases wet gas and converts it into dry gas used for electric generation at its Malacas Power Plant. The gas is also sold to the Talara refinery (owned by Petroperu, the Peruvian National Oil Company) through a supply agreement, which would remain in place until commercial operation of the renovated Talara refinery and perhaps longer if Enel Generation Piura reaches an agreement with the local gas distribution concessionaire, Gases del Norte del Peru S.A.C. (GASNORP).

In 2020, Enel Generation Peru had energy contracts with eight regulated customers and 101 unregulated customers. Sales to unregulated customers, regulated customers, and spot market sales represented 45%, 39% and 16% of Enel Generation Peru’s total sales in 2020, respectively. For the year ended December 31, 2020, Enel Generation Peru’s principal distribution customers were (ordered by energy contracted): Enel Distribution Peru (the company’s subsidiary), Luz del Sur, and SEAL.

In 2020, Enel Generation Piura had contracts with eight regulated customers and four unregulated customers. Sales to unregulated customers, regulated customers, and spot market sales represented 18%, 67% and 15% of Enel Generation Piura’s total sales in 2020, respectively.

For the year ended December 31, 2020, Enel Generation Piura’s principal distribution customers were Enel Distribution Peru and Luz del Sur.

Competition: The company’s major significant competitors in Peru are: Engie Perú and Inkia Energy.

Electricity Transmission Business

Cien

The company’s electricity transmission operations are conducted through Cien, a wholly-owned subsidiary of Enel Brasil and the company. Cien consolidates Compañía de Transmisión del Mercosur S.A. (CTM) and Transportadora de Energía S.A. (TESA), which operate the Argentine side of the interconnection line between Argentina and Brazil.

Cien enables the energy integration of Mercosur, as well as the import and export of electricity between Argentina and Brazil. It is responsible for the operation of transmission lines covering a distance of approximately one thousand kilometers, with a total transmission capacity of 2,200 MW. Cien operates each transmission line under the Cien I and Cien II concessions granted by the Brazilian government. The Cien I concession’s term expired in June 2020 and the Cien II concession’s term expires in July 2022. Its subsidiaries, CTM and TESA, have concessions granted by the Argentine government, which expire in 2087.

Electricity Distribution Business

The company’s electricity distribution business is conducted in Argentina through Empresa Distribuidora del Sur S.A. (Edesur); in Brazil through Enel Distribution Rio, Enel Distribution Ceara, Enel Distribution Goias, and Enel Distribution Sao Paulo; in Colombia through Codensa; and in Peru through Enel Distribution Peru.

Edesur (Argentina)

Edesur is a major electricity distribution company in Argentina. Edesur operates in a concession area of 3,309 square kilometers in the south-central part of the Buenos Aires metropolitan area, serving approximately 2.5 million customers, under a 95-year concession granted by the Argentine government that would be in force until 2087. As of December 31, 2020, residential, commercial, industrial and other customers, primarily public and municipal, represented 46%, 22%, 7%, and 25%, respectively, of Edesur’s total energy sales of 15,888 GWh.

For the year ended December 31, 2020, Edesur’s principal unregulated customers were (ordered alphabetically): A.F.I.P., Arcos Dorados Argentina S.A, AYSA S.A., Banco Nación Argentina, Banco Santander Río S.A., Cerámica Canuelas S.A., Cerámica Quilmes S.A., COCA COLA FEMSA S.A., Curtiembres Fonseca S.A., DIA ARGENTINA S.A., Hoteles Sheraton de Argentina, JUMBO Retail Argentina S.A., Los Cipreses S.A., Metrovias S.A., Reginal LEE S.A.I.C., Roca Argentina S.A., Telecom Argentina S.A., Telefónica Argentina S.A., Telefónica Mov. Argentina S.A. and Valenciana Argentina.

Enel Distribution Rio (Brazil)

Enel Distribution Rio is a major electricity distribution company in the state of Rio de Janeiro, Brazil. Enel Distribution Rio engages in the distribution of electricity to 66 municipalities located in the state of Rio de Janeiro, and serves approximately 3 million customers in a concession area of 32,615 square kilometers. Enel Distribution Rio operates under a 30-year concession granted by the Brazilian government which would remain in force until December 2026. As of December 31, 2020, residential, commercial, industrial and other customers represented 43%, 14%, 2%, and 41%, respectively, of Enel Distribution Rio’s total sales of 11,228 GWh.

Enel Distribution Ceara (Brazil)

Enel Distribution Ceara engages in the distribution of electricity to municipalities located in the state of Ceará, and serves approximately 4 million customers in a concession area of 148,921 square kilometers, with an estimated population of 9.1 million. Enel Distribution Ceara operates under a 30-year concession granted by the Brazilian government that would remain in force until May 2028. As of December 31, 2020, residential, commercial, industrial and other customers represented 41%, 14%, 5%, and 40%, respectively, of Enel Distribution Ceara’s total sales of 11,866 GWh.

Enel Distribution Goias (Brazil)

Enel Distribution Goias engages in the distribution of electricity to municipalities located in the state of Goias, and serves approximately 3 million customers in a concession area of 336,871 square kilometers, with an estimated population of 6.9 million. Enel Distribution Goias operates under a concession granted by the Brazilian government that would remain in force until July 2045. As of December 31, 2020, residential, commercial, industrial, and other customers accounted for 37%, 14%, 4%, and 45%, respectively, of Enel Distribution Goias’ total energy sales of 14,469 GWh.

Enel Distribution Sao Paulo (Brazil)

Enel Distribution Sao Paulo distributes electricity to municipalities located in the Sao Paulo Metropolitan Area and serves almost 7.2 million customers in a concession area of 4,526 square kilometers, with an estimated population of 18 million. Enel Distribution Sao Paulo operates under a concession granted by the Brazilian government that would remain in force until June 2028. As of December 31, 2020, residential, commercial, industrial, and other customers accounted for 40%, 23%, 7%, and 30%, respectively, of Enel Distribution Sao Paulo’s total energy sales of 40,350 GWh.

Codensa (Colombia)

Codensa is a Colombian electricity distribution company that serves a concession area of 26,093 square kilometers in Bogotá and other 130 municipalities of the provinces of Cundinamarca, with approximately 3.5 million customers. As of December 31, 2020, residential, commercial, industrial, and other customers accounted for 39%, 15%, 7%, and 39%, respectively, of Codensa’s total energy sales of 13,834 GWh.

Enel Distribution Peru (Peru)

Enel Distribution Peru is a Peruvian electricity distribution company that operates in a concession area of 1,602 square kilometers under a concession granted by the Peruvian government with approximately 1.45 million customers. It has a concession to distribute electricity in the northern part of the Lima metropolitan area, some provinces in the Lima region, including Huaral, Huaura, Barranca, and Oyón, and the adjacent province of Callao. As of December 31, 2020, residential, commercial, industrial, and other customers accounted for 42%, 9%, 21%, and 28%, respectively, of Enel Distribution Peru’s total energy sales of 7,578 GWh.

In 2020, Enel Distribution Peru’s primary unregulated customers were (ordered alphabetically): AGP Peru S.A.C; Ajinomoto Del Peru S.A.; APM Terminals Callao Sociedad Anonima; Cía. Minera Agregados Calcareos S.A.; Filasur S.A.; GYM Ferrovias S.A.; Lima Airport Partners S.R.L.; Minera Colquisiri S.A.; Nestlé Perú S.A.; Planta de Tratamiento de Aguas; Productos Paraíso del Perú S.A.C.; San Miguel Industrias Pet S.A.; and Servicios Industriales de la Marina S.A.

History

The company was founded in 1889. It was formerly known as Compañía Chilena Metropolitana de Distribución Electrica S.A. and changed its name to Enersis S.A. in 1988. Further, the company changed its name to Enersis Americas S.A. in February 2016 and then to Enel Américas S.A. in December 2016.

Enel Américas Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Energy generation and distribution: 70% Renewable energies: 20% Electric mobility and other services: 10% TOP 3 markets: Brazil: 45% Colombia: 25% Argentina: 20% Enel Américas S.A. generates the majority of its revenues from energy generation and distribution, with renewable energies gaining increas...

At which locations are the company’s products manufactured?

Production Sites: South America (Brazil, Colombia, Peru, Argentina) Enel Américas S.A. is a leading energy company mainly engaged in power generation and distribution. The company produces its energy products primarily in South America. The main production sites are located in Brazil, Colombia, Peru...

What strategy does Enel Américas pursue for future growth?

Strategy for Future Growth: Expansion of Renewable Energies: Enel Américas plans to significantly expand its capacities in the field of renewable energies. This includes investments in solar, wind, and hydropower projects in Latin America. Digitalization and Innovation: The company is increasing...

Which raw materials are imported and from which countries?

Main raw materials: Natural gas, coal, oil Countries of origin: Natural gas: USA, Argentina Coal: Colombia, Indonesia Oil: Brazil, USA Enel Américas S.A. primarily imports fossil fuels such as natural gas, coal, and oil to operate its power generation plants. Natural gas is mainly sourced from the...

How strong is the company’s competitive advantage?

Market share in Latin America: 20% (estimated for 2025) EBITDA margin: 30% (2024) Investments in renewable energies: 3 billion USD (2023) Enel Américas S.A. has a significant competitive advantage in the energy sector in Latin America. With an estimated market share of 20% in the region, the company...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: approximately 60% (estimated for 2025 based on historical trends) Insider Buys/Sells: No significant transactions known in 2025 The institutional investor share in Enel Américas S.A. traditionally stands at around 60%, indicating the trust of large investors in the comp...

What percentage market share does Enel Américas have?

Market share of Enel Américas S.A.: 18% (2025, estimated) Top competitors and their market shares: Iberdrola S.A.: 22% Engie Energía Chile S.A.: 15% AES Andes S.A.: 10% Colbún S.A.: 8% Enel Chile S.A.: 7% Enel Américas S.A. is one of the leading energy providers in Latin America and has a signific...

Is Enel Américas stock currently a good investment?

Revenue Growth: 8.5% (2024) EBITDA Growth: 7.2% (2024) Net Debt to EBITDA Ratio: 1.9 (2024) Enel Américas S.A. recorded a revenue growth of 8.5% in 2024, attributed to strong operational performance and successful expansion into new markets. The company has further expanded its presence in Latin Ame...

Does Enel Américas pay a dividend – and how reliable is the payout?

Dividend Yield: 4.5% (2025, estimated) Dividend History: Regular payouts over the last 5 years Enel Américas S.A. has regularly distributed dividends to its shareholders in recent years. The dividend yield for 2025 is estimated to be around 4.5%, based on historical payouts and the current market...

Enel Américas Stock Value

Enel Américas Company Info

Analyst Price Target

Top growth stocks in the utilities sector (5Y.)

What does Enel Américas do?

Enel Américas Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal