Chile's energy holding company Enersis (ENI -11.4%) plans to conduct a capital increase for up...

|About: Enersis Americas S.A. (ENIA)|By:, SA News Editor

Chile's energy holding company Enersis (ENI -11.4%) plans to conduct a capital increase for up to $8B, it says in a filing with local regulators. ENI's owner, Spain's Endesa, will subscribe to the capital increase with $4.86B in non-monetary assets. Shares are downgraded to Neutral from Buy at Citigroup.