Chile's largest power producer, Empresa Nacional de Electricidad SA (EOC, ENDESA.SN) posted a first quarter net profit of 96.86 billion Chilean pesos ($209.6 million), versus CLP93.73 billion in the year-ago period.

Endesa has 14,833 megawatts of installed capacity distributed in Argentina, Brazil, Chile, Colombia and Peru. Some 59% of the company's capacity is in hydroelectric generation and the rest in thermal-generation plants. Nearly 38% of the Endesa's capacity is installed in Chile.

Endesa is controlled by power holding company Enersis SA (ENI, ENERSIS.SN), which in turn is controlled by Spain's Endesa SA (ELEZF, ELE.MC).

-By Anthony Esposito, Dow Jones Newswires; 56-2-715-8929; anthony.esposito@dowjones.com