ESSENTIAL FACT
Enel Américas S.A.
Registration of Securities Registry No. 175
Santiago, August 24, 2022
Ger. Gene. No 11/2022
Mrs.
Solange Berstein Jáuregui
Chairman
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
to the provisions of General Standard No. 30 of the Commission for the Financial Market
(CMF), and in exercise of the powers conferred on me, I inform you, as a result of
essential fact that, as anticipated by the Company through essential fact
Released on June 10 of this year, dated yesterday the Brazilian subsidiary of the
Company, Enel Brasil S.A. completed the sale of 100% of the shares issued by CGTF —
Central Geradora Thermoelétrica Fortaleza S.A. (“Termofortaleza”) owned by Enel Brasil S.A.
to ENEVA S.A. (the “Sale”).
In consideration for the sale of the aforementioned shares, the subsidiary Enel Brasil received
this date the payment of R$ 489,755,891.94, equivalent to approximately USD 96 million,
after compliance with all the conditions provided in the Contract of Sale. Saying
value represents an Enterprise Value of R$ 431,583,000, equivalent to approximately
USD 85 million. This price is subject to positive or negative adjustments, according to the validation
of the closing balance to be made by Termofortaleza within the next 90 days. The
Purchase and sale also provides for contingent payments associated with the future recontracting of the plant,
which can reach an additional R$ 97 million, equivalent to
approximately USD 19 million.
As reported at the time, the main operational asset of Termofortaleza 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 northeastern region of Brazil.
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 operation, it is estimated that Enel Américas will have to record a loss
total consolidated net income of approximately USD 170 million, of which
USD 49 million has already been recognized in the Company’s financial statements
corresponding to the first half of this year. These amounts do not include income
additional that are subject to the commercial performance of Termofortaleza, indicated
formerly.
Yours faithfully
Aurelio Bustilho de Oliveira
Administration, Finance and Control Manager
Enel Américas S.A.
Dc.. Central Bank of Chile
Santiago Stock Exchange
Electronic Stock Exchange of Chile
Banco Santander – Bondholder Representatives
Central Securities Depository
Risk Rating Committee
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=68355247b0c2ec8f51353e490cccb610VFdwQmVVMXFRVFJOUkUxNlRVUkJNazVuUFQwPQ==&secuencia=-1&t=1682376108
