ESOCF - Enel Chile Squarely At The Intersect Of Great Value And Income
By Felipe Bijit
Utilities continue to be a supremely interesting sector. It offers opportunities in diverse exposures across power technologies and geographies, all providing similar resilience to impacts that would result from another set of coronavirus-related lock-downs. This resilience can be a consequence of consumer offsets to reduced commercial activity, with stay at home orders shifting power consumption to homes, or it can come from guaranteed remuneration schemes from governments in regulated utilities.
In the case of Enel Chile (ENIC), subsidiary of the Enel SpA (ENLAY), resilient income comes from both