Colbun First-Half Profit Falls 53% on Coal Exit Costs

Chilean power generator Colbun, controlled by the Matte group, reported a roughly 53% drop in first-half 2026 net profit to US$60.9 million. The decline reflects extraordinary costs from the early termination of coal supply contracts, higher financial expenses, and operational difficulties at its Peruvian subsidiary Fenix, which was forced to use higher-cost diesel amid a gas-transport emergency.