Chilectra S.A. is an electric utility company headquartered in Santiago. It is the largest private distribution company in Latin America with 45 million customers in Argentina, Brazil, Peru, Colombia and Chile. Total invoices in the region for 2005 exceeded US $4 billion. Net income as of June 2006 reached $300 Million USD. Chilectra and its subsidiaries have 7,000 employees and more than 21,000 collaboratives in the region.