Summary
Red Eléctrica 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. Its transmission network comprises approximately 44,687 kilometers; and has 93,871 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. In addition, it manages and constructs energy storage facilities and the water cycle; operates satellite communications system and offers space segment services for the geostationary orbital slots; sells and leases satellites and spatial capacity; and offers technical consultancy and satellite telecommunications services. The company was incorporated in 1985 and is based in Alcobendas, Spain.
History
The company was created in 1985 by the State-owned holding company Instituto Nacional de Industria to provide a unified national power grid. Up to 20% of Red Eléctrica is controlled by the state-owned holding company Sociedad Estatal de Participaciones Industriales , with the remainder being free float on the Bolsa de Madrid.
Mission
Red Eléctrica de España's mission is to guarantee the availability, quality and price of electrical power in Spain by adhering to security and accessibility standards, through innovation and a commitment to sustainability.
Vision
Red Eléctrica de España's vision is to become the primary leader in the Electricity sector by ensuring an efficient, safe and sustainable infrastructure.
Key Team
Ms. Silvia Maria Bruno de la Cruz (Chief Innovation & Technology Officer)
Irene Gómez Barrio (Head of Investor Relations)
Mr. Carlos Méndez-Trelles García (Gen. Counsel & Non-Director Sec. of the Board of Directors)
Ms. Miryam Aguilar Munoz (Corp. Director of External Relations, Communication & Territory)
María Resurrección Barrio Martín (Mang. of Corp. Culture & People Management Area)
Ms. Fátima Rojas Cimadevila (Corp. Director of Sustainability & Research)
Mr. Antonio Calvo Roy (Mang. of Institutional Relations & Sustainability Area)
Recognition and Awards
Red Eléctrica has received numerous awards, such as the ISO 9001 Certificate of Quality, which certifies that the services provided by the company are of maximum quality and is adapted to customer needs. The company has also been awarded with the European Union Quality Management Award, which is a recognition of the commitment to continuous improvement and service excellence. Red Eléctrica de España also has a number of environmental awards, such as the ISO 14001 certification for its environmental management system, as well as the Energy Efficiency and Innovation for Europe Award for its energy efficient and innovative solutions.
References
Spain 
