ENCL
ESSENTIAL FACT
Enel Américas S.A.
Registration of Securities Registry No. 175
Santiago, June 10, 2022
Ger. Gene. No 09/2022
Mrs. Solange Berstein Jáuregui,
President
Financial Market Commission,
Avenida Libertador Bernardo O’Higgins 1449,
Present.
Ref.: COMMUNICATES ESSENTIAL FACT
Dear Sir or Madam:
In accordance with the provisions of Articles 9 and 10, second paragraph, of Law No. 18,045 and the provisions of General Standard No. 30 of the Financial Market Commission (CMF), and in exercise of the powers conferred on me, I inform you, as an essential fact, that as of yesterday the Brazilian subsidiary of the Company, Enel Brasil S.A. entered into a share purchase agreement with ENEVA S.A. through which, subject to the fulfilment of certain preconditions, Enel Brasil will dispose of 100% of the shares issued by CGTF – Central Geradora Thermoelétrica Fortaleza S.A. (“Termofortaleza”) owned by Enel Brasil S.A. (the “Sale”).
Termofortaleza’s main operational asset is the UTE Fortaleza, a gas-fired thermal power plant, with a maximum installed capacity of 327 MW, located in the municipality of Caucaia, State of Ceará, in the northeast region of Brazil.
For the Sale, the subsidiary Enel Brasil S.A. will receive BRL 467 million (Brazilian reais), equivalent to approximately USD 96 million, subject to positive or negative adjustments, according to the terms of the agreement between the parties. In addition to this amount, the parties have agreed on a payment mechanism based on Termofortaleza’s future business performance, which could amount to up to BRL 97 million, equivalent to approximately USD 20 million.
This operation is part of the Company’s decarbonization policy, and had been contemplated in the hypotheses of the Strategic Plan 22-24 presented to the market by Enel Américas last November.
As a result of this transaction, it is estimated that Enel Américas will have to record a loss on its consolidated net income of approximately USD 162 million. This amount does not include the additional income that is subject to the commercial performance of Termofortaleza, indicated above.
Yours faithfully
Signature of MAURIZI
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CES Maurizio Bezzeccheri,
General Manager,
Enel Américas S.A.
c.C. Central Bank of Chile,
Santiago Stock Exchange,
Electronic Stock Exchange of Chile,
Banco Santander – Bondholder Representatives,
Central Securities Depository,
Risk Classification Commission.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=fce96a24f5b71db112f4d631de53dc91VFdwQmVVMXFRVEpOUkVsNVRtcGplVTFuUFQwPQ==&secuencia=-1&t=1682376108