In this segment, Enel Américas owns operating subsidiaries in Argentina, Brazil, Colombia and Peru.
As a whole, the gross installed capacity of Enel Américas Group reached 11,174 MW in December 2018 and the consolidated electricity generation amounted to 39,869 GWh, while energy sales totaled 65,332 GWh.
In the electricity industry, business segmentation between hydro and thermal generation is natural, since the variable costs of generation are different for each method of electricity production. Thermal generation requires the purchase of fossil fuels and hydroelectric generation requires the water that comes from dams and rivers.
56% of Enel Américas’ consolidated generation capacity comes from hydroelectric sources and 44% from thermal sources.
Hence, the definition of the generation company’s commer-cial policy is relevant for the proper management of the business. The Group carries out its generation business through Enel Generación Costanera, Enel Generación el Chocón and Central Docksud in Argentina, EGP Cachoeira Dourada, Enel Generación Fortaleza and EGP Volta Grande en Brasil, Emgesa in Colombia and Enel Generación Perú and Enel Generación Piura.