Generation, Commercialization

Empresa Generadora y Comercializadora de Energía

Established on October 23, 1997, as a result of EEB's capitalization project, with the contribution by EEB in kind and cash contribution of Grupo Endesa, a strategic investor. On December 14, 2006, Grupo Endesa and Empresa de Energía de Bogotá agreed to merge the companies Emgesa and Central Hidroeléctrica de Betania, while EEB maintained 51.51% of the merged company. 

Entity No. Actions Participation % Tipo
Endesa España 32,176,823.00 21.61% Ordinarias
Endesa Chile 40,019,173.00 26.87% Ordinarias
Personas jurídicas 2,087.00 0.0014% Ordinarias
Personas naturales 5,228.00 0.0035% Ordinarias

After carrying out the respective processes, the Company's Superintendence authorized the merger, which was legalized on 1 September 2007.

The corporate purpose of this company comprises the generation and commercialization of electricity, pursuant to Law 143 of 1994.  To fulfill its purpose, the company may acquire generation plants and it may forecast, build, operate, maintain and exploit electricity generation plants.