- CEO
- Joaquín Izcúe Elgart
- Full Time Employees
- 1,337
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Santiago Chile
- IPO Date
- Jul 29, 1982
- Business
- Minera Valparaíso S.A. is a Chilean diversified investment holding company that operates, manages, and invests in strategic industrial, energy, forestry, financial, telecommunications, and real estate assets across Latin America. Founded in 1906 and headquartered in Las Condes, Santiago, Chile, the company operates as a flagship investment vehicle of the Matte Group under the ultimate control of Forestal O'Higgins S.A. Through its operating subsidiaries, controlled affiliates, and strategic minority holdings, the company provides a broad range of products and services organized across core business segments: electric power generation and transmission through its controlling interest in Colbún S.A., offering hydroelectric, solar, wind, and thermal electricity generation, high-voltage transmission services, renewable power supply agreements, and energy management solutions to regulated utilities and large industrial clients in Chile and Peru; forestry, pulp, and paper products through its holding in Empresas CMPC S.A., producing bleached and unbleached eucalyptus and softwood market pulp, sack kraft and corrugated packaging papers, molded fiber packaging, containerboard, structural timber, remanufactured wood products, and personal care and tissue paper products under well-established consumer brands across the Americas; comprehensive financial services through BICECORP S.A., providing corporate and commercial banking, retail banking, wealth management, securities brokerage, investment banking, asset management, life and general insurance, mortgage lending, factoring, and financial leasing; telecommunications and digital infrastructure through its equity investment in Almendral S.A. and Empresa Nacional de Telecomunicaciones S.A. (Entel), delivering mobile and fixed-line voice communications, high-speed fiber-optic broadband, cloud computing, managed corporate IT services, and data center hosting; specialty metals processing through historical holdings in Molibdenos y Metales S.A. (Molymet), supplying technical-grade molybdic oxide, ferromolybdenum, and metallic rhenium for global steel and aerospace applications; and real estate management, offering urban property leasing, development, and administrative asset services for commercial real estate portfolios in Santiago and Concepción. In recent corporate developments, the company's financial segment underwent major structural expansion following the landmark merger between BICECORP S.A. and Grupo Security, integrating their banking, insurance, and asset management platforms into an expanded financial conglomerate under the BICE brand. Concurrently, subsidiary Colbún S.A. has accelerated its strategic transition toward clean energy through utility-scale wind and solar project additions alongside battery energy storage system deployments in northern and central Chile. Additionally, Minera Valparaíso S.A. executed targeted portfolio rebalancing through the divestment of equity stakes in Molibdenos y Metales S.A. via Santiago Stock Exchange auction to Plansee Limitada, while maintaining disciplined capital returns via substantial shareholder distributions, including the authorization and payout of a 100 million US dollar definitive dividend.