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Logo Grupo Quiñenco S.A.

ENEX

Relevant Information

  • As of December 31, 2024

  • Quiñenco's interest: 100%
  • Book value of investment: Ch$970,056 million
  • Investment since: 2011
  • Employees: 4,560
  • Address

  • Av. Del Cóndor Sur 520 Ciudad Empresarial, Huechuraba, Santiago - Chile
  • Telephone (56) 22444 4000
  • www.enex.cl
Empresa Nacional de Energía Enex S.A. (Enex) is a fuel distributor and operator of convenience stores, with its parent company based in London, and operations in Chile, where it has the Shell license, in the United States, and Paraguay.

In Chile, it is one of the main distributors of fuel and lubricants, through a nationwide network of 454 service stations operating under the Shell license, and 221 upa!, up¡ta and upa! market convenience stores. Enex also serves industrial clients, mainly of the transport, mining and power generation sectors, and is a relevant player in the lubricants market, as Shell's exclusive distributor in Chile for this line of products.

In the United States, Enex owns and operates Road Ranger, the fourth largest network of travel centers. The company is present along the main interstate routes between Texas and the Midwest, with 53 travel centers.

In Paraguay, the company supplies a network of 68 service stations and 28 convenience stores, under the Enex and upa! brands, respectively.

Quiñenco first invested in Enex in 2011, when it acquired Shell’s assets in Chile.

Highlights

in millions of Ch$ as of December 31 of each year
2023 2024
Sales 4,803,813 4,853,765
Operating income 71,562 30,752
Net income attributable to owners of the controller 34,393 (18,587)
Total assets 2,013,519 2,080,596
Total liabilities 1,149,874 1,110,540

Distribution of Revenues by Business Area

US$5,146 million as of December 31, 2024