Compañía General de Electricidad S.A. (SNSE:CGE) said it had prompted Banco BTG Pactual S.A. (BOVESPA:BPAC3) and AZ Capital, S.L. to seek strategic alternatives to their subsidiary Empresa Eléctrica de Magallanes S.A. (SNSE:EDELMAG). Compania General indicated that the options they are considering are from a possible strategic association, joint management of companies or joint ventures and direct or indirect sale of all or part of them.