Top 10 Power Plant Owners in the Caribbean and South America by Capacity
Centrais Eletricas Brasileiras S.A., Corporacion Electrica Nacional SA, Enel Americas SA, Enel Chile SA, and Companhia Paranaense de Energia SA are the top 5 power plant owners in the Caribbean and South America by capacity as of March 31, 2022. In total, the top 10 power plant owners in the Caribbean and South America had an active capacity of 129,026 MW as of March 31, 2022. In active capacity, the top was the Centrais Eletricas Brasileiras S.A. (53,384 MW) followed by Corporacion Electrica Nacional SA (25,773 MW), and Enel Americas SA (11,704 MW), while the lowest capacity was registered by Pampa Energia SA (4,517 MW). In terms of the geographical split, 4 out of 10 Caribbean and South America’s top power plant owners are based in Brazil, 3 of the power plant owners are based in Chile while the remaining are based in Venezuela and Argentina. Brazil-based Centrais Eletricas Brasileiras S.A is the leading power plant owner in the Caribbean and South America by capacity. The company had an active capacity of 53,384MW. Centrais Eletricas Brasileiras S.A reported revenues of $6,973 million for the fiscal year ended December 2021 (FY2021), an increase of 23.55% over FY2020 as they invested in operations automation and implemented a single-instance SAP ERP system at all Eletrobras Group companies. The company produces electricity using hydro, nuclear, wind, natural gas, oil, coal, solar, and biomass. They focus on minimizing environmental risks and promoting hydroelectric potential in the region. It serves distribution companies and commercial and free customers in Brazil. The company is majorly owned by the Brazilian Government, headquartered in Rio de Janeiro, Brazil and employed a total of 12,018 people in FY2021. Venezuela-based Corporacion Electrica Nacional SA (CORPOELEC) is another leading power plant owner in the Caribbean and South America by capacity. CORPOELEC is a fully integrated state-owned power company that is regulated by the Ministry of Electric Power, Venezuela.