Investment Opportunities in South America

Abstract

During the 1990s, Latin America underwent important privatization steps accounting for 69% of all the electricity assets privatized in the entire world. Nevertheless, the region still offers many investment opportunities, especially in the electricity sector. The major South American countries boast growth rates of around 5% per year, a positive macroeconomic outlook, and a regulatory framework that favors investment. ENDESA began operations there in 1992 and positioned itself as the region's leading private electricity company. ENDESA now faces the future's major challenges of the new investment cycle that will take place in the energy industry with significant projects in the pipeline aimed at maintaining its commitment to the region.