Alfredo Ergas Segal
Chairman of the Board
Transelec S.A.
Dear shareholders, employees, authorities, customers, and communities:
It is an honor to address you as I present the 2025 Integrated Annual Report of Transelec S.A., a document that reflects a year of strategic consolidation and, above all, a profound sense of responsibility.
2025 was a demanding year for the National Electric System and for Transelec in particular, during which operations, regulation, and sector coordination were put under strain. In this context, we reaffirmed our identity: we are more than a power transmission company; we are a strategic partner in the development of critical infrastructure essential to Chile's progress.