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:

Redeia reported on March 31, 2026, that electricity demand in Spain decreased by 1.8% in March, year-over-year, after factoring in seasonal and working patterns. This followed news on March 25 that the sixth edition of Holapueblo, a platform against depopulation promoted by Redeia, IKEA, and AlmaNatura, received a record 105 registrations from municipalities. The platform connects villages with fewer than 5,000 inhabitants with individuals and families seeking to live and start businesses in rural areas. Earlier, on March 19, Redeia stated that a final report by a European expert panel found no cause attributable to Red Eléctrica for the blackout that occurred on April 28, 2025. The company also announced on March 17 that its active restoration project of 2 hectares of Posidonia oceanica in the Bay of Pollença, carried out by Red Eléctrica in 2018, achieved a 93% survival rate six years later. Previously, on March 10, Redeia revised its 2025 electricity demand forecast for Spain to an increase of 1.6% year-over-year, up from its prior estimate of 1.4%, after accounting for seasonal and working patterns.
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