By Nathan Gill

     Dec. 18 (Bloomberg) — Empresa Nacional de Electricidad SA, Chile’s biggest electricity generator, sold about $340 million in bonds, the company said.

     The company known as Endesa sold debt for 10 million unidades de fomento, Chile’s inflation-adjusted accounting unit, in 21-year notes, the company said in an e-mailed statement.

     Proceeds from the bond sale, managed by BBVA Corredores de Bolsa, will be used to refinance short-term and long-term debt, the statement said.