Redeia Corporacion SA (RDEIF) Earnings

Redeia Corporacion SA engages in the power transmission and operation of electrical systems. The company is headquartered in Alcobendas, Madrid and currently employs 2,099 full-time employees. The Company, through Red Electrica de Espana SAU, focuses on the management and operation of high-voltage electricity transmission grids, as well as is responsible for its development, maintenance, and improvement of the network’s installations. Its activities also include the coordination among generation, transmission, and distribution process of electric energy. The firm also manage telecommunications networks in Spain and Latin America through fleet of satellites and fiber optic assets. The firm is a parent of Redeia Group and operates through its subsidiaries and affiliates in several countries, such as Spain, the Netherlands, France, Peru, Chile, and Brazil.