Redeia, also known as Redeia Corporación, S.A., is publicly owned and headquartered in Spain. Founded in 1985, the company employs approximately 70 individuals. Specializing in utilities, Redeia owns and operates the Spanish electric transmission system, having acquired almost all of the nation's power grid through government decree. The company also operates a small fibre-optics network in Spain and maintains a growing Latin American infrastructure business.

Revenue

Founded

1985

Headcount

61

Headquarters

Spain

Primary Segment

Utilities

Ownership

Publicly Owned

News Summary:

On June 26, 2026, Red Eléctrica, a Redeia subsidiary, completed construction of the 400 kV Don Álvaro substation in Badajoz province. This infrastructure will supply power to the Puertollano-Mérida high-speed rail corridor and facilitate the electrification of other railway lines. Previously, on June 16, Red Eléctrica signed an agreement with the City Council of La Línea de la Concepción (Cádiz) for a Nature Interpretation Centre, part of the ongoing transformation of Princesa Sofía Park. Earlier in June, on the 11th, the subsidiary began construction of the double-circuit 220 kV Anchuelo–Complutum power line, a project designed to strengthen electricity supply security, drive the ecological transition, and address new demand in the Henares Corridor area within the Comunidad de Madrid. On June 8, Redeia Chairwoman Beatriz Corredor and Secretary of State for Energy Joan Groizard reviewed progress on the Sant Antoni battery storage system in Ibiza, which aims to strengthen the island's electricity system. In late May, on the 28th, Red Eléctrica convened Basque institutions and companies to discuss the strategic role of electricity transmission grid investments and interconnections in Euskadi's energy development, ecological transition, and industrial competitiveness.
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