As reported by Portafolio, Fulvio Conti, president of power company Enel, announced that the company will enter “the gas-selling business, gradually, focusing on end customers, especially in Colombia and Chile.” Conti said that entering this business would be handled by Endesa and will be conducted over the next five years. Thus, Enel would replicate the business model that has in Europe, where subsidiary Endesa Gas is the second largest gas marketer in Spain.