Electroandina S.A. · Santiago Chile
Company Description
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This link will open in a new window Electroandina produces electricity for the Interconnected System of Northern Chile (SING). The company has an installed capacity of 1,029 MW (megawatts). Its plants are located in Tocopilla, where Electroandina supplies energy to copper mines, its principal customers. Mining clients include Codelco and SCM El Abra. Another key client, SOQUIMICH, is a maker of specialty fertilizers, iodine, and lithium. The company also offers transmission line and substation maintenance services. In addition to its energy business, Electroandina offers port services in Tocopilla, for loading and unloading bulk goods, liquids, and general cargo. To read the full description, subscribe now.
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Key Electroandina S.A. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $654.7 |
| Employees | 341 |
Electroandina S.A. Executives
10 executives listed for Electroandina S.A.'s Santiago, location.
| Title | Name & Bio | Contact |
| Chairman and President | Jan Flachet | Network |
| Operations Manager | Hein Dirix | Network |
| Finance and Administration Manager | Serge Van Wassenhove | Network |
Competition
Competitive Landscape for Electroandina S.A.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Electroandina S.A. Competitors
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