Redeia Corporación, S.A. (RDEIF)

16.99 0.00 (0.00%) At close: 11:07AM EDT

Redeia Corporación, S.A.

Paseo del Conde de los Gaitanes, 177
Alcobendas 28109
Spain
34 916 50 85 00
https://www.ree.es

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 2,445

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Roberto García Merino	CEO & Executive Director	958.71k	N/A	N/A
Irene Gómez Barrio	Head of Investor Relations	N/A	N/A	N/A
Tomas Jose Dominguez Autran	Head of System Operation	N/A	N/A	N/A
Luis Velasco Bodega	Head of Facilities' Development & Support	N/A	N/A	N/A
Maria Soler Soneira	Head of Transmission's Technology	N/A	N/A	N/A
Ramon Granadino Goenechea	Head of Facilities' Planning & Development	N/A	N/A	N/A
Ricardo Bajo y del Pozo	Head of Power Measurement & Settlements	N/A	N/A	N/A
Eduardo Prieto García	Head of System Operation Services	N/A	N/A	N/A
Juan Bola Merino	Head of System Operation in Non-peninsular Territories	N/A	N/A	N/A
Manuel Lopez Cormenzana	Head of Maintenance & Construction's Facilities	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate governance

Redeia Corporación, S.A.’s ISS governance QualityScore as of 1 May 2024 is 4. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.