# Redeia Corporacion

Summary updated: 2026-10-04T14:35:12.205483Z
Canonical: https://finbar.com/research/companies/redeia-corporacion

## Overview

Redeia Corporación is a Spanish energy-infrastructure and connectivity group. Its core activity is regulated high-voltage electricity transmission and operation of Spain’s electricity system, complemented by international electricity transmission and telecommunications infrastructure, including fibre networks and satellite communications. Spain is its principal electricity market, while its international transmission activities include Brazil, Chile and Peru. [1](https://app.finbar.com/go?id=T11481279)[2](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain)[3](https://www.redeia.com/en/about-us/business-activities/international-activity)[4](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity)

Redeia describes its purpose as ensuring electricity supply and connectivity while supporting a fair and sustainable green transition. Its origins date to Red Eléctrica’s establishment in 1985; the group adopted the Redeia name in 2022. For FY2025, it reported revenue of €1.716 billion and a workforce KPI of 2,099 people. [5](https://www.redeia.com/en/about-us/who-we-are)[6](https://www.redeia.com/en/about-us/our-commitment)[7](https://www.redeia.com/en/press-office/news/press-release/2026/02/redeia-smashes-its-investment-record-1-551-billion-enable-energy-transition-spain)[8](https://www.redeia.com/en/shareholders-and-investors/key-indicators/employment/workforce)
[1](https://app.finbar.com/go?id=T11481279)[2](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain)[3](https://www.redeia.com/en/about-us/business-activities/international-activity)[4](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity)[5](https://www.redeia.com/en/about-us/who-we-are)[6](https://www.redeia.com/en/about-us/our-commitment)[7](https://www.redeia.com/en/press-office/news/press-release/2026/02/redeia-smashes-its-investment-record-1-551-billion-enable-energy-transition-spain)[8](https://www.redeia.com/en/shareholders-and-investors/key-indicators/employment/workforce)[2](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain)[3](https://www.redeia.com/en/about-us/business-activities/international-activity)[4](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity)[5](https://www.redeia.com/en/about-us/who-we-are)[6](https://www.redeia.com/en/about-us/our-commitment)[7](https://www.redeia.com/en/press-office/news/press-release/2026/02/redeia-smashes-its-investment-record-1-551-billion-enable-energy-transition-spain)[8](https://www.redeia.com/en/shareholders-and-investors/key-indicators/employment/workforce)

## Products & services

Redeia’s principal service in Spain is the operation of the electricity system and the development, maintenance and operation of the high-voltage transmission network. Its CECOEL control centre monitors and coordinates generation and transmission in real time to balance supply and demand and maintain system security and quality. At year-end 2025, the transmission network comprised 46,074 km of lines and 6,759 substation bays; reported grid availability was 98.38% on the mainland, 98.17% in the Balearic Islands and 98.38% in the Canary Islands. [2](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain) [9](https://www.redeia.com/en/activities/operation-of-the-electricity-system/electricity-control-centre) [10](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-km-de-lines) [11](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-no-of-substation-bays) [12](https://app.finbar.com/go?id=T8928707) Redeia also develops, constructs, manages and operates international electricity transmission infrastructure, with activities in Brazil, Chile and Peru. [3](https://www.redeia.com/en/about-us/business-activities/international-activity)

Through Reintel, Redeia offers wholesale telecommunications infrastructure, including dark-fibre backbone capacity and sites and technical spaces for customers’ equipment; its service descriptions refer to a network exceeding 54,000 km. [4](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity) [13](https://www.redeia.com/en/our-services) Hispasat satellite telecommunications is no longer a current Redeia service following completion of the sale of its stake in December 2025. [14](https://app.finbar.com/go?id=P78887691)

For the six months ended 30 June 2026, Redeia reported €779.6 million of Spanish electricity system-operation and transmission revenue, €69.8 million from international transmission and €69.0 million from fibre-optic telecommunications; it stated that Spanish TSO services represented 85% of Group revenue. [15](https://www.redeia.com/sites/default/files/06_ACCIONISTAS/Documentos/Informacion_financiera/Informacion_trimestral/interim-consolidated-FFSS-and-management-report-redeia-jun-2026.pdf) For FY2025, reported segment revenue was €1,466.9 million for Spanish electricity infrastructure, €79.0 million for international electricity infrastructure and €149.5 million for fibre-optic telecommunications, against consolidated revenue of €1,659.5 million. These figures equate to approximately 88.4%, 4.8% and 9.0% of consolidated revenue, respectively; the percentages are calculations from the reported segment amounts. [16](https://app.finbar.com/go?id=T10255889)
[12](https://app.finbar.com/go?id=T8928707)[14](https://app.finbar.com/go?id=P78887691)[16](https://app.finbar.com/go?id=T10255889)[16](https://app.finbar.com/go?id=T10255889)[16](https://app.finbar.com/go?id=T10255889)[16](https://app.finbar.com/go?id=T10255889)[2](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain)[9](https://www.redeia.com/en/activities/operation-of-the-electricity-system/electricity-control-centre)[10](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-km-de-lines)[11](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-no-of-substation-bays)[3](https://www.redeia.com/en/about-us/business-activities/international-activity)[4](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity)[13](https://www.redeia.com/en/our-services)[15](https://www.redeia.com/sites/default/files/06_ACCIONISTAS/Documentos/Informacion_financiera/Informacion_trimestral/interim-consolidated-FFSS-and-management-report-redeia-jun-2026.pdf)

## Geographic presence

Redeia’s electricity transmission operations are concentrated in Spain, with international networks in Peru, Chile and Brazil. At year-end 2025, its Spanish transmission grid measured 46,074 km; its international network across Peru, Chile and Brazil measured 7,676 km. Chile had 1,776 km of lines in commercial operation, and Argo’s transmission capacity in Brazil was 4,209 km. These figures describe network operations, not revenue by geography. [17](https://app.finbar.com/go?id=P62150345)[18](https://app.finbar.com/go?id=P53782408)[19](https://app.finbar.com/go?id=P92828658)[20](https://app.finbar.com/go?id=P94958247)

Of 2,064 reported employees, 1,978 were in Spain, 81 in Peru, four in Brazil and one in Luxembourg; Chile was not listed in the cited workforce tables. [21](https://app.finbar.com/go?id=T533248)[22](https://app.finbar.com/go?id=T7743641)[23](https://app.finbar.com/go?id=T2214798)[24](https://app.finbar.com/go?id=T10174957) The parent company and Red Eléctrica are registered in Alcobendas, Madrid; Peruvian transmission subsidiaries have registered offices in Lima, and Brazilian Argo entities in São Paulo. [25](https://app.finbar.com/go?id=T4987229)[26](https://app.finbar.com/go?id=T12192591)[27](https://app.finbar.com/go?id=T12498255)
[17](https://app.finbar.com/go?id=P62150345)[18](https://app.finbar.com/go?id=P53782408)[19](https://app.finbar.com/go?id=P92828658)[20](https://app.finbar.com/go?id=P94958247)[21](https://app.finbar.com/go?id=T533248)[22](https://app.finbar.com/go?id=T7743641)[23](https://app.finbar.com/go?id=T2214798)[24](https://app.finbar.com/go?id=T10174957)[25](https://app.finbar.com/go?id=T4987229)[26](https://app.finbar.com/go?id=T12192591)[27](https://app.finbar.com/go?id=T12498255)

## Business segments

Redeia reports three principal business segments: national electricity infrastructure, international electricity infrastructure, and telecommunications (fibre optic), alongside “Other, corporation & adjustments.” In FY2025, consolidated revenue was €1,659.5 million. National electricity infrastructure generated €1,466.9 million (approximately 88.4% of consolidated revenue); international electricity infrastructure €79.0 million (4.8%); telecommunications €149.5 million (9.0%); and Other, corporation & adjustments –€35.9 million (–2.2%). These approximate shares use consolidated revenue as the denominator; the telecommunications segment’s reported revenue includes inter-segment sales, and the residual category includes eliminations, so the percentages are not a simple external-sales mix. [28](https://app.finbar.com/go?id=T4948768)

The national electricity infrastructure business is Red Eléctrica, focused on electricity transmission and operation of Spain’s electricity system. International electricity infrastructure is reported through Redinter, which develops and manages high-voltage transmission networks outside Spain, including in Peru, Chile and Brazil. The telecommunications segment is Reintel’s fibre-optic business. [25](https://app.finbar.com/go?id=T4987229)[29](https://app.finbar.com/go?id=P112212181)[30](https://www.redeia.com/en/press-office/press-release/news/press-release/2026/07/redeia-increases-investment-in-grids-by-12-to-support-industry-and-energy-transition-in-spain)

Redeia also presents a business-category EBITDA mix, which is a different measure from segment revenue: for 2025, TSO accounted for 80%, International 9%, fibre optic 9%, and Other 2% of EBITDA. In H1 2026, reported revenue components were €779.6 million from managing and transmitting electricity in Spain, €69.8 million from international transmission, and €69 million of Reintel fibre-optic turnover; these were approximately 86.6%, 7.8%, and 7.7%, respectively, of reported group revenue of €900.5 million. [31](https://app.finbar.com/go?id=T8074075)[30](https://www.redeia.com/en/press-office/press-release/news/press-release/2026/07/redeia-increases-investment-in-grids-by-12-to-support-industry-and-energy-transition-in-spain)
[28](https://app.finbar.com/go?id=T4948768)[25](https://app.finbar.com/go?id=T4987229)[29](https://app.finbar.com/go?id=P112212181)[31](https://app.finbar.com/go?id=T8074075)[30](https://www.redeia.com/en/press-office/press-release/news/press-release/2026/07/redeia-increases-investment-in-grids-by-12-to-support-industry-and-energy-transition-in-spain)

## Company history

Red Eléctrica de España was founded in 1985, following Royal Decree 91/1985, as a dedicated operator of Spain’s high-voltage transmission network and electricity system. In 1999 it was privatised and listed on the Spanish stock exchange, and the group began developing international operations. [32](https://www.redeia.com/en/press-office/news/featured-story/2020/12/35-years-your-side-35-years-ree) [5](https://www.redeia.com/en/about-us/who-we-are) In 2002, the company began acquiring transmission assets from Spanish distributors, completing the process in 2010. Other milestones included joining the IBEX 35 in 2004 and establishing CECRE, its renewable-energy control centre, in 2006. [5](https://www.redeia.com/en/about-us/who-we-are) [33](https://www.redeia.com/en/publications/annual-report-2010)

The group adopted a holding-company structure in 2008, with Red Eléctrica Corporación as parent, and established Inelfe with France’s RTE to develop cross-border electricity interconnections. [34](https://www.redeia.com/sites/webgrupo/files/06_ACCIONISTAS/Documentos/Red_Electrica_Group_Green_Finance_Framework.pdf) [35](https://www.inelfe.eu/en/about-inelfe) Its later expansion included creating Reintel in 2015 to manage the group’s telecommunications network and acquiring an 89.68% stake in satellite operator Hispasat in 2019. [36](https://www.reintel.es/en/faq/who-reintel) [37](https://www.redeia.com/en/press-office/monographs/2019/11/red-electrica-successfully-completes-the-acquisition-of-Hispasat) In 2022, the group introduced Redeia as its brand; in 2023, the parent company’s legal name changed from Red Eléctrica Corporación, S.A. to Redeia Corporación, S.A. [38](https://www.redeia.com/en/press-office/news/press-release/2022/06/the-red-electrica-group-is-changing-its-brand-name-to-redeia-to-strengthen-its-positioning-as-a-global-manager-of-essential-infrastructures) [39](https://www.redeia.com/en/press-office/news/press-release/2023/06/redeia-reaffirms-its-commitment-to-spains-green-transition-and-digital-transformation)
[32](https://www.redeia.com/en/press-office/news/featured-story/2020/12/35-years-your-side-35-years-ree)[5](https://www.redeia.com/en/about-us/who-we-are)[33](https://www.redeia.com/en/publications/annual-report-2010)[34](https://www.redeia.com/sites/webgrupo/files/06_ACCIONISTAS/Documentos/Red_Electrica_Group_Green_Finance_Framework.pdf)[35](https://www.inelfe.eu/en/about-inelfe)[36](https://www.reintel.es/en/faq/who-reintel)[37](https://www.redeia.com/en/press-office/monographs/2019/11/red-electrica-successfully-completes-the-acquisition-of-Hispasat)[38](https://www.redeia.com/en/press-office/news/press-release/2022/06/the-red-electrica-group-is-changing-its-brand-name-to-redeia-to-strengthen-its-positioning-as-a-global-manager-of-essential-infrastructures)[39](https://www.redeia.com/en/press-office/news/press-release/2023/06/redeia-reaffirms-its-commitment-to-spains-green-transition-and-digital-transformation)

## Sources

1. [Redeia Corporacion — Full financial report (2025 Y), p246](https://app.finbar.com/go?id=T11481279)
2. [www.redeia.com](https://www.redeia.com/en/about-us/business-activities/electricity-business-in-Spain)
3. [www.redeia.com](https://www.redeia.com/en/about-us/business-activities/international-activity)
4. [www.redeia.com](https://www.redeia.com/en/about-us/business-activities/telecommunications-activity)
5. [www.redeia.com](https://www.redeia.com/en/about-us/who-we-are)
6. [www.redeia.com](https://www.redeia.com/en/about-us/our-commitment)
7. [www.redeia.com](https://www.redeia.com/en/press-office/news/press-release/2026/02/redeia-smashes-its-investment-record-1-551-billion-enable-energy-transition-spain)
8. [www.redeia.com](https://www.redeia.com/en/shareholders-and-investors/key-indicators/employment/workforce)
9. [www.redeia.com](https://www.redeia.com/en/activities/operation-of-the-electricity-system/electricity-control-centre)
10. [www.redeia.com](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-km-de-lines)
11. [www.redeia.com](https://www.redeia.com/en/shareholders-and-investors/key-indicators/business/transmission-grid-no-of-substation-bays)
12. [Redeia Corporacion — Full financial report (2025 Y), p229](https://app.finbar.com/go?id=T8928707)
13. [www.redeia.com](https://www.redeia.com/en/our-services)
14. [Redeia Corporacion — Partial financial report (2025 Y), p8](https://app.finbar.com/go?id=P78887691)
15. [www.redeia.com](https://www.redeia.com/sites/default/files/06_ACCIONISTAS/Documentos/Informacion_financiera/Informacion_trimestral/interim-consolidated-FFSS-and-management-report-redeia-jun-2026.pdf)
16. [Redeia Corporacion — Partial financial report (2025 Y), p14](https://app.finbar.com/go?id=T10255889)
17. [Redeia Corporacion — Full financial report (2025 Y), p107](https://app.finbar.com/go?id=P62150345)
18. [Redeia Corporacion — Full financial report (2025 Y), p105](https://app.finbar.com/go?id=P53782408)
19. [Redeia Corporacion — Full financial report (2025 Y), p109](https://app.finbar.com/go?id=P92828658)
20. [Redeia Corporacion — Full financial report (2025 Y), p110](https://app.finbar.com/go?id=P94958247)
21. [Redeia Corporacion — Full financial report (2025 Y), p258](https://app.finbar.com/go?id=T533248)
22. [Redeia Corporacion — Full financial report (2025 Y), p258](https://app.finbar.com/go?id=T7743641)
23. [Redeia Corporacion — Full financial report (2025 Y), p258](https://app.finbar.com/go?id=T2214798)
24. [Redeia Corporacion — Full financial report (2025 Y), p258](https://app.finbar.com/go?id=T10174957)
25. [Redeia Corporacion — Full financial report (2025 Y), p96](https://app.finbar.com/go?id=T4987229)
26. [Redeia Corporacion — Full financial report (2025 Y), p97](https://app.finbar.com/go?id=T12192591)
27. [Redeia Corporacion — Full financial report (2025 Y), p100](https://app.finbar.com/go?id=T12498255)
28. [Redeia Corporacion — Full financial report (2025 Y), p89](https://app.finbar.com/go?id=T4948768)
29. [Redeia Corporacion — Full financial report (2025 Y), p135](https://app.finbar.com/go?id=P112212181)
30. [www.redeia.com](https://www.redeia.com/en/press-office/press-release/news/press-release/2026/07/redeia-increases-investment-in-grids-by-12-to-support-industry-and-energy-transition-in-spain)
31. [Redeia Corporacion — Presentation (2025 Y), p6](https://app.finbar.com/go?id=T8074075)
32. [www.redeia.com](https://www.redeia.com/en/press-office/news/featured-story/2020/12/35-years-your-side-35-years-ree)
33. [www.redeia.com](https://www.redeia.com/en/publications/annual-report-2010)
34. [www.redeia.com](https://www.redeia.com/sites/webgrupo/files/06_ACCIONISTAS/Documentos/Red_Electrica_Group_Green_Finance_Framework.pdf)
35. [www.inelfe.eu](https://www.inelfe.eu/en/about-inelfe)
36. [www.reintel.es](https://www.reintel.es/en/faq/who-reintel)
37. [www.redeia.com](https://www.redeia.com/en/press-office/monographs/2019/11/red-electrica-successfully-completes-the-acquisition-of-Hispasat)
38. [www.redeia.com](https://www.redeia.com/en/press-office/news/press-release/2022/06/the-red-electrica-group-is-changing-its-brand-name-to-redeia-to-strengthen-its-positioning-as-a-global-manager-of-essential-infrastructures)
39. [www.redeia.com](https://www.redeia.com/en/press-office/news/press-release/2023/06/redeia-reaffirms-its-commitment-to-spains-green-transition-and-digital-transformation)

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