Enel Generacion Peru S.A.A. (Peru)

Enel Generacion Peru S.A.A., previously known as Edegel, is a major power generation company in Peru. The company generates about 28% of the country's electricity. Edegel was incorporated in 1906, with the foundation of Empresas Electricas Asociadas, a private company dedicated to electric power generation, transmission and distribution. In 1995, with the establishment of the generation business unit, Empresa de Generacion Electrica de Lima S.A. - Edegel was created. The control of the company was transferred to the private sector in 1995, when the state sold 60% of the capital to Generandes consortium, currently controlled by Endesa, the largest electric utility company in Spain. Out of the total of nine power generation plants, seven are located in Lima and two in Junin (CH Yanango and Chimay). The power units of Lima are located in the basins of the rivers Rimac and Santa Eulalia, and the two plants in Junin, are close to the Tarma and Tulumayo rivers. In 1996 Edegel was listed on the Lima Stock Exchange, in which it trades shares and bonds.