Redeia Corporación, S.A. (BME: RED)
Spain flag Spain · Delayed Price · Currency is EUR
17.25
-0.06 (-0.35%)
Sep 4, 2024, 5:35 PM CET

Redeia Corporación Company Description

Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).

Its transmission network comprises approximately 45,141 kilometres; and has 94,981 MVA of transformation capacity.

The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services.

In addition, it manages and constructs 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; and sells and leases satellites and spatial 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.

Redeia Corporación, S.A.
Country Spain
Founded 1985
Industry Utilities - Regulated Electric
Sector Utilities
Employees 2,445
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
Mónica Moraleda Saceda Director of Legal Services
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