Redeia Corporación, S.A.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Roberto García Merino
- Full Time Employees
- 2,095
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- Paseo del Conde de los Gaitanes, 177 Alcobendas MA Spain 28109
- IPO Date
- Jan 20, 2010
- CIK
- 0001438654
- Website
- ree.es
- Similar Companies
- Business
- Redeia Corporación Redeia Corporación, S.A., formerly Red Eléctrica Corporación, S.A., operates as the holding company overseeing Spain's national high-voltage electricity transmission grid and related infrastructure services; founded in 1985 and headquartered in Alcobendas, Spain, it manages a highly meshed network comprising 45,141 km of 400 kV and 220 kV circuits, 6,357 substation bays with 94,981 MVA transformation capacity, and international interconnections. Core subsidiaries include Red Eléctrica de España for domestic grid design, construction, maintenance, and system operation; Redinter for international electricity transmission in Peru, Chile, and Brazil; Reintel, Spain's largest dark fiber optic provider bridging the digital gap; Hispasat for satellite telecommunications via geostationary orbital slots, fiber assets, and space segment services; and Elewit as a technological innovation platform advancing energy transition and connectivity solutions. The company delivers regulated services including electricity system coordination, telecommunications infrastructure leasing, advisory and engineering for grid projects, energy storage facility management, reinsurance, line and substation maintenance, technical consultancy, and satellite capacity sales or leasing to utilities, telecom operators, governments, and enterprises across Spain, Latin America, the Netherlands, and France. In recent developments, Redeia sold its 89.68% stake in Hispasat to Indra Group for €725 million in February 2025 to bolster its financial position and focus on energy transition investments; it reported first-half 2025 investments surging 41% to €602.7 million, primarily in grid expansion with €564.2 million allocated to transmission enhancements supporting renewables and industrial growth; net profit held steady at €269 million amid 2.2% revenue growth to €843 million, reflecting regulatory adjustments and operational efficiencies.
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