Chile EBITDA grew 22.1% through March 2026, propelled by higher LPG volumes, stronger industrial bulk segment performance, improved expense-to-margin efficiency, and 5.3% growth in LNG volumes primarily from long-haul transport fueling stations. Colombia EBITDA rose 26.5% on higher sales volumes, improved gross unit margins, and Colombian peso appreciation against the Chilean peso. LipiAndes held 14.3% national market share in Colombia at March 2026, operating 15 bottling plants serving more than 690,000 customers. Peru EBITDA increased 29.4%, driven by 6.1% growth in LPG volumes, stronger performance from EVA service stations, and better expense-to-margin efficiency. The company held 5.9% national market share in Peru’s LPG market at quarter-end.
Electric and natural gas business lines contributed 6.3% of consolidated EBITDA, reflecting the company’s product diversification strategy. LipiAndes continues developing a green corridor of LNG fueling stations for heavy-duty transport, with six operational stations across Chile and five in Peru. Four additional stations are scheduled to join the network, creating South America’s first such corridor. General manager Alberto Orlandi attributed Q1 2026 results to greater operational efficiency across subsidiaries, stating the performance strengthens competitiveness and supports continued geographic and business diversification through value propositions aligned with sustainable development in operating countries.
This article was curated and published as part of our South American energy market coverage.
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