Redeia Corporación Company Description
Redeia Corporación, S.A., through with its subsidiaries, engages in the management of the Spanish electricity transport network in Spain and internationally.
The company operates through three segments: Management and Operation of Domestic Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications.
The company is involved in electricity transmission; system operation; and management of Spanish electricity transmission grid.
It operates through a transmission network of approximately 46,074 kilometers and has 99,071 MVA of transformation capacity.
The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, radio spectrum, telecommunications networks and satellite communication, technical consultancy, and satellite telecommunications services.
In addition, it operates and maintains electricity transmission networks; manages the construction of energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and provides space segment services for the geostationary orbital slots; develops and sells safety devices for personal and industrial use; and sells and leases satellites and spatial capacity, as well as sells and markets satellite capacity.
The company was formerly known as Red Eléctrica Corporación, S.A. and changed its name to Redeia Corporación, S.A. in June 2023.
Redeia Corporación, S.A. was incorporated in 1985 and is based in Alcobendas, Spain.
| Country | Spain |
| Founded | 1985 |
| Industry | Utilities - Regulated Electric |
| Sector | Utilities |
| Employees | 2,099 |
| CEO | Roberto García Merino |
Contact Details
Address: Paseo del Conde de los Gaitanes, 177 Alcobendas, 28109 Spain | |
| Phone | 34 916 50 85 00 |
| Website | ree.es |
Stock Details
| Ticker Symbol | RED |
| Exchange | Madrid Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | ES0173093024 |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| Roberto García Merino | Chief Executive Officer and Executive Director |
| Irene Gómez Barrio | Head of Investor Relations |
| Carlos Mendez-Trelles Garcia | General Counsel and Non-Director Secretary of the Board |
| Tomas Jose Dominguez Autran | Head of System Operation |
| Luis Velasco Bodega | Head of Facilities' Development and Support |
| Maria Soler Soneira | Head of Transmission's Technology |
| Ramon Granadino Goenechea | Head of Facilities' Planning and Development |
| Ricardo Bajo y del Pozo | Head of Power Measurement and Settlements |
| Eduardo Prieto García | Head of System Operation Services |
| Juan Bola Merino | Head of System Operation in Non-peninsular Territories |