XMAD
RED
Market cap9.53bUSD
Aug 28, Last price
15.21EUR
Name
Red Electrica Corporacion SA
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Profile
Redeia Corporación, S.A. is a prominent player in the electricity sector, primarily involved in the transmission, system operation, and strategic management of power grids throughout Spain and across international markets. Its extensive network spans approximately 45,019 kilometers and boasts a robust transformation capacity of 94,221 MVA. Beyond its foundational utility services, the company offers a comprehensive suite of additional expertise, encompassing advisory, engineering, and construction solutions. It further diversifies into telecommunications, provides financing and reinsurance, conducts maintenance for power lines and substations, and delivers specialized technical consultancy, including satellite telecommunications services. Redeia's operations also extend to the development and management of energy storage facilities and water cycle infrastructure. The company actively engages in the acquisition, stewardship, and administration of equity investments. Moreover, it oversees a satellite communications system, furnishing space segment services for geostationary orbital slots, and participates in the sale and leasing of satellites along with their associated spatial capacity. Established in 1985, Redeia Corporación, S.A. is headquartered in Alcobendas, Spain.
IPO date
Jul 07, 1999
Employees
2,456
Domiciled in
ES
Incorporated in
ES
Valuation
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