Redeia keeps annual investment target at EUR 1.5 billion

Reuters2026/07/29 06:23

By:Reuters

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Redeia reaffirmed a forecast of EUR 1.5 billion in annual investment under its strategic plan, citing record first-half spending of EUR 657.1 million.
More than 96% of first-half investment went to Red Eléctrica, with EUR 630.9 million deployed for Spain’s power system operation and transmission.
First-half revenue rose 6.8% to more than EUR 900.5 million; net profit increased 4% to EUR 280.4 million.
Net financial debt stood at EUR 5.01 billion at June 30, down from end-2025, supported by cash generation and an April 15 hybrid bond.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redeia Corporación SA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Redeia keeps annual investment target at EUR 1.5 billion

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