Redeia Corporación, 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 (Satellites and Fibre Optic). Its transmission network comprises approximately 45,141 kilometres; and has 94,981 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 Eléctrica Corporación, S.A. and changed its name to Redeia Corporación, S.A. in June 2023. Redeia Corporación, S.A. was incorporated in 1985 and is based in Alcobendas, Spain.
Frequently asked questions
What sector does Red Electrica Corporacion SA (RDEIF) operate in?
Red Electrica Corporacion SA belongs to the Utilities sector and operates in the Utilities - Regulated Electric industry.
What is Red Electrica Corporacion SA (RDEIF) Earnings Per Share (EPS)?
The trailing EPS is $1.29.
Does Red Electrica Corporacion SA (RDEIF) pay dividends?
No. Red Electrica Corporacion SA does not pay a dividend.
When is Red Electrica Corporacion SA (RDEIF) next earnings report?
Red Electrica Corporacion SA is expected to release its next earnings report on June 30, 2024.
