(RDEIY - REDEIA CORPORACION SA)

company profile

Redeia Corporacion, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications. It operates through a transmission network of approximately 45,592 kilometers and has 97,981 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services. In addition, it manages and constructs energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and provides space segment services for the geostationary orbital slots; and sells and leases satellites and spatial capacity. The company was formerly known as Red Electrica Corporacion, S.A. and changed its name to Redeia Corporacion, S.A. in June 2023. Redeia Corporacion, S.A. was incorporated in 1985 and is based in Alcobendas, Spain.

Redeia Corporacion ADR (RDEIY) is trading at 8.96

Open Price
8.93
Previous close
8.96
Previous close
8.96
P/E Ratio
0
Sector
Utilities
Shares outstanding
1080816116
Primary exchange
OTC Markets
ISIN
US7565681019