Redeia clarifies its long-term grid plan, shares steady on Madrid
Published on 06/29/2026 at 14:30 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWS
By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-29, 14:30.
Redeia (ES0173093024) is best known to investors under its former name Red Eléctrica, the owner and operator of Spain’s high-voltage electricity transmission network. The stock is listed in Madrid and sits in the IBEX 35 utilities peer group.
Redeia’s regulated core business
The group’s core activity is the planning, construction and operation of Spain’s transmission grid, where revenues are based on regulated asset remuneration and operating efficiency metrics set by the national regulator CNMC.
Redeia’s transmission network spans virtually the entire Spanish mainland and the Balearic and Canary Islands, giving the company a central role in integrating renewable generation and ensuring system stability.
Role in Spain’s energy transition
Spain’s push to expand wind and solar capacity requires new grid connections and reinforcements, and Redeia is tasked with executing these investment plans under the country’s multi?year energy and climate strategy.
The company’s long-lived regulated assets and relatively predictable cash flows place it alongside European peers such as Italy’s Terna and France’s RTE in investors’ cross?checks of transmission-focused utilities.
All news and data on the Redeia shares
Further company reports, price data and background on Redeia are available on the ad-hoc-news topic page and the official Investor Relations site.
How Redeia makes its money
Redeia’s revenues predominantly come from regulated transmission tariffs paid by market participants using the high?voltage grid. The tariff framework compensates the company for its asset base and operating costs, subject to performance criteria.
Where the stock trades today
The Redeia shares (ES0173093024) trade in Madrid; current euro price data for the listing are provided by the Spanish exchange and major quote services.
Redeia at a glance
- Company: Redeia CorporaciĂłn S.A.
- ISIN: ES0173093024
- WKN: not available
- Ticker: RED
- Trading venue: Madrid
- Price (as of 2026-06-29, 14:30): data via Spanish exchange quotes, in euros
- Market cap: based on current Madrid price in euros (as of 2026-06-29)
- Sector / industry: Utilities - Electric Transmission
- Index membership: IBEX 35
- Next earnings date: not officially scheduled
Disclaimer: This text is for information purposes only and does not constitute investment advice or a recommendation to buy or sell any security.
Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.
