A Boring LATAM Utility With a Not-So-Boring +40% Upside
A quiet rebrand made me lose track of this LatAm giant. But the real story is a rare setup: massive uncontracted power, rising demand, and a valuation that still doesn’t reflect the upside.
On January 8, I sent a trade alert to paid subscribers adding a Latam utility to the portfolio.
A utility should not be this interesting. But this company sits on a rare edge: it has a big chunk of uncontracted electricity capacity. In plain English, it is not locked into decades of “cheap” long-term contracts like most utilities. It can sell more power at today’s higher market prices.
And even better, this “free” capacity is growing over time, which creates a built-in earnings tailwind.
My base case shows +40% upside from here… and yes, we’re talking about a utility.