Saesa

Electricity distributor in regions IX and X, population about 4m people. Serves 240,000 customers.

Bought by PSEG in August 2001.
In 2001, Global purchased a 99.9% equity interest in SAESA and its subsidiaries. The SAESA
group of companies consists of four distribution companies and one transmission company that provide
electric service to 390 cities and towns over 900 miles in southern Chile. Additionally, Global owns
approximately 14% of Empresa Electrica de la Frontera S.A. (Frontel), not already owned by SAESA,
to bring Global's total interest in Frontel to 95.5%.
Through its af®liated company Sistema de Transmission del Sur S.A. (STS), SAESA provides
transmission services to electrical generation facilities that have power purchase arrangements with
distributors in Regions VIII, IX and X and has current capacity of 673 MVA.
SAESA also owns a 50% interest in an Argentine distribution company, Empresa de Energia Rio
Negro S.A. (EDERSA), which provides generation, transmission and distribution services to 66
39
communities serving 660,000 customers in the Province of Rio Negro, which is located close to
Argentina's principal oil and gas reserves. SAESA and its Chilean af®liates are organized and
administered according to a centralized administrative structure designed to maximize operational
synergies. In Argentina, EDERSA has its own independent administrative structure.

Employees: 
0

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