Red Eléctrica Corporación, SA

Detailed Description

Red Eléctrica Corporación, S.A. transmits electricity and operates and manages transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 44,000 kilometers and 6,000 substation bays; and has 93,000 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 constructs energy storage facilities in non-mainland and isolated systems; 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 headquartered in Alcobendas, Spain.