Redeia Corporacion SA engages in the power transmission and operation of electrical systems. The company is headquartered in Alcobendas, Madrid and currently employs 2,489 full-time employees. The Company, through Red Electrica de Espana SAU, focuses on the management and operation of high-voltage electricity transmission grids, as well as is responsible for its development, maintenance, and improvement of the network’s installations. Its activities also include the coordination among generation, transmission, and distribution process of electric energy. The firm also manages telecommunications networks in Spain and Latin America through a fleet of satellites and fiber optic assets. The firm is a parent of Redeia Group and operates through its subsidiaries and affiliates in several countries, such as Spain, the Netherlands, France, Peru, Chile, and Brazil.
Follow-Up Questions
Who is the CEO of Redeia Corporacion SA?
Mr. Roberto Garcia Merino is the Chief Executive Officer of Redeia Corporacion SA, joining the firm since 2019.
What is the price performance of RDEIF stock?
The current price of RDEIF is $19.32, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Redeia Corporacion SA?
Redeia Corporacion SA belongs to Utilities industry and the sector is Utilities
What is Redeia Corporacion SA market cap?
Redeia Corporacion SA's current market cap is $10.4B
Is Redeia Corporacion SA a buy, sell, or hold?
According to wall street analysts, 24 analysts have made analyst ratings for Redeia Corporacion SA, including 5 strong buy, 7 buy, 12 hold, 2 sell, and 5 strong sell
