Enel Américas (ENELAM) Corporate presentation summary

Integrated presence and operational highlights

• Serves 23 million customers across Latin America, with 13.5 GW consolidated capacity and 96% renewable energy share as of 2025.

• Distributed 108.6 TWh of energy in 2025, with 2.3 million smart meters deployed.

• Major operations in Brazil, Colombia, Argentina, and Central America, focusing on both generation and distribution.

• Ongoing sale process for Edesur in Argentina and continued expansion in Colombia and Central America.

Strategic plan and investment focus

• Strategic plan 2026-28 prioritizes grid investments, especially in Brazil and Colombia, with 86% of CAPEX allocated to grids.

• Total planned CAPEX for 2026-28 is $7.9 billion, a 5% increase over the previous plan, mainly for grid resilience and digitalization.

• Selective renewable investments, with 0.5 GW additional capacity planned in Colombia and Central America.

• Focus on operational efficiency, risk reduction, and earnings predictability.

Financial performance and targets

• Q1 2026 EBITDA reached $1.17 billion (+16% YoY), net income $0.27 billion (+9% YoY), and CAPEX $0.45 billion (+10% YoY).

• 2028 EBITDA target is $5.1–5.3 billion (+22% vs 2025), with net income expected to grow at an 11% CAGR from 2025 to 2028.

• Dividend policy set at 30% of net income for the plan period.

• Net debt/EBITDA ratio projected to remain below 1.1x by 2028, with strong liquidity to cover maturities.