Enel Chile says agreement with Shell to bring $500 MM positive impact
11/27/2022
(Reuters) - Enel Generacion Chile said on Friday that it reached an agreement with Shell to carry out contractual modifications that would have a pre-tax financial positive impact of about $500 MM.
In a note to local markets regulator, Enel Generacion Chile said the changes are still pending some corporate authorizations that are expected in December.
The note said that "among others", one of the changes is the partial disposal of projected excess liquefied natural gas.
"It is estimated that the operation will have a positive impact on the pre-tax result of Enel Generacion Chile of approximately USD 500 MM," the note added.
The company did not provide further details.
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