Redeia Corporacion SA - Company Profile
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Redeia Corporacion SA (REC) carries out transmission, generation, distribution and operation of the transmission network for the Spanish electricity system. The company operates the regulated activities through its principal subsidiary, Red Electrica de Espana, S.A. (REE), a transmission system operator and other subsidiaries. REC is involved in electricity transmission activities outside Spain and provides telecommunications services. The company also undertakes the construction of international interconnections, energy storage and financing and risk reinsurance. It serves the third parties in Spain, Peru, Chile and among others. REC is headquartered in Alcobendas, Madrid, Spain.
Redeia Corporacion SA premium industry data and analytics
Products and Services
Services |
---|
Electricity System Operation |
Transmission Grid Management |
Grid Planning and Development |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In May, the company selected GE in consortium with Cobra Infrastructuras Hidraulicas to deliver six Pumped Storage turbines for the 200 MW Chira Soria project in Gran Canaria, Spain. |
2023 | Others | In March, the company started work on the new subsea link between Tenerife and La Gomera. |
2023 | Others | In January, the company completed the cable laying phase of the new underwater electricity link between Ibiza and Formentera. |
Competitor Comparison
Key Parameters | Redeia Corporacion SA | Iberdrola SA | Endesa SA | Acciona SA | Elecnor SA |
---|---|---|---|---|---|
Headquarters | Spain | Spain | Spain | Spain | Spain |
City | Alcobendas | Bilbao | Madrid | Alcobendas | Madrid |
State/Province | Madrid | Vizcaya | Madrid | Madrid | Madrid |
No. of Employees | 2,477 | 41,448 | 9,035 | 57,843 | 23,160 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Beatriz Corredor Sierra | Chairman | Executive Board | 2020 | 55 |
Roberto Garcia Merino | Chief Executive Officer | Senior Management | - | 50 |
Carlos Mendez-Trelles Garcia | General Secretariat; Director | Executive Board | - | 48 |
Emilio Cerezo Diez | Chief Financial Officer | Senior Management | - | - |
Eva Pagan Diaz | Corporate Director - Sustainability and Research | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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