Company Directory - Red Eléctrica
Company Details - Red Eléctrica

Red Eléctrica
WebsiteMadrid, Spain
ISIN: ES0173093024
Red Eléctrica is the operator of the Spanish electricity transmission network, responsible for ensuring the supply of electricity throughout Spain. The company manages, maintains, and develops the high voltage transmission grid, providing energy to various sectors and ensuring system reliability while promoting sustainable practices.
CCI Score
CCI Score: Red Eléctrica
16.86
-0.07%
Latest Event
Red Eléctrica Lobbying Activities Reported on LobbyFacts
LobbyFacts data indicates that Red Eléctrica has engaged in a series of meetings with high-level EU officials, with 14 meetings recorded between December 2014 and December 2024, reflecting the company's efforts to influence policy through direct engagement.
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SABOTEUR
Red Eléctrica is currently rated as a Saboteur.
Latest Events
- JUL012024
LobbyFacts data indicates that Red Eléctrica has engaged in a series of meetings with high-level EU officials, with 14 meetings recorded between December 2014 and December 2024, reflecting the company's efforts to influence policy through direct engagement.
-30
Political Contributions and Lobbying Efforts
April 28
The LobbyFacts record shows that Red Eléctrica has been involved in multiple high-level meetings with EU Commission members, highlighting active corporate lobbying. From an anti-fascist perspective, such direct political engagement is concerning as it can contribute to entrenched power structures which may undermine democratic accountability.
- FEB282024
Red Eléctrica published its 2023 annual accounts, emphasizing open dialogue with shareholders, adherence to a Code of Ethics and Conduct, and commitment to sustainable, fair, and inclusive development. This disclosure reflects a positive approach to corporate transparency and ethical responsibility.
+70
Business Practices and Ethical Responsibility
April 28
The annual report highlights transparent and continuous communication with shareholders and investors, along with a strong Code of Ethics and commitment to sustainable and inclusive practices. This aligns well with ethical business practices and enhances corporate accountability, reflecting a positive anti-authoritarian stance.
- MAR202023
Redeia, operating through Red Eléctrica, has raised its investment target by €4.8 billion to accelerate Spain's ecological transition. The expanded investment focuses on enhancing the national electricity transmission grid and underlines the company’s commitment to renewable leadership and strategic autonomy in the European Union.
+40
Public and Political Behavior
April 28
The company's leadership makes a prominent public statement by linking its investment to EU strategic autonomy and renewable leadership. This politically-engaged approach aligns with progressive public and political behavior.
+35
Business Practices and Ethical Responsibility
April 28
By committing significant resources for infrastructure improvements and supporting sustainable practices, Redeia demonstrates ethical business practices that bolster ecological transition.
+30
Economic and Structural Influence
April 28
The large-scale investment in upgrading the transmission grid represents a strategic, structural move which reinforces the resilience of Spain's energy system while supporting sustainable transformation.
- JAN012023
Red Eléctrica is involved in an investor-state dispute settlement proceeding following Bolivia’s issuance of Supreme Decree No. 1214, which led to the nationalization of an electricity transmission company controlled by the claimant. The case raises concerns about corporate efforts to protect assets through arbitration over state-led public interest policies.
-20
Economic and Structural Influence
April 28
By engaging in investor-state arbitration to contest a government decree that nationalized its controlled asset, Red Eléctrica is prioritizing corporate asset protection over the public regulatory authority. Such reliance on legal mechanisms to overturn state actions can undermine progressive public policy and community interests, aligning with broader neoliberal practices that conflict with anti-fascist and socially responsible objectives.
Red Eléctrica v. Bolivia | Investment Dispute Settlement Navigator
- OCT202022
Red Eléctrica, through its parent company REC, launched a green hybrid bond issuance of up to EUR 1bn, in collaboration with the EIB, to support long‑term investments under Spain's Electricity Transmission Network Development Plan 2021-2026, ensuring energy security and sustainable infrastructure development.
+40
Business Practices and Ethical Responsibility
April 28
The green finance framework demonstrates Red Eléctrica's commitment to responsible and sustainable investment practices by leveraging a public green hybrid bond. This approach reinforces ethical finance by aligning long‑term funding with environmental and social governance objectives, thereby supporting progressive infrastructural development.
+40
Economic and Structural Influence
April 28
The initiative supports Spain's structural development by ensuring long-term funding for critical infrastructure, enhancing energy network reliability and public service provision. The partnership with the EIB and the secure financing mechanism underscore a commitment to economic policies that benefit social infrastructure.
- JAN012013
Red Eléctrica has detailed its Human Rights Management Model, which systematizes the Company’s actions to protect and remedy human rights risks by adhering to international instruments such as the Universal Declaration of Human Rights and ILO conventions. The framework includes a public commitment, periodic due diligence (initiated in 2013), stringent supplier requirements via a Supplier Code of Conduct, and established grievance mechanisms.
+80
Labor Relations and Human Rights Practices
April 28
Red Eléctrica’s comprehensive approach to implementing a Human Rights Management Model based on recognized international standards shows a strong commitment to labor rights and social responsibility. This initiative, including due diligence, supplier audits, and robust grievance mechanisms, reflects a positive anti-fascist and pro-worker stance.
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Corporate Financials
- Revenue
- 2022
- $2.52B
- Total Assets
- 2022
- $17.64B
- Operating Income
- 2022
- $1.54B
- Total Equity
- 2022
- $8.24B
Employees: 1,500
Industries
- 221118
- Other Electric Power Generation
- 221121
- Electric Bulk Power Transmission and Control
- 221122
- Electric Power Distribution