Red Electrica Corporacion SA ADR (RDEIY)

Red Electrica Corporacion SA ADR is a depositary receipt tied to the ordinary shares of Redeia Corporación, S.A., a Spanish infrastructure group listed on OTC Markets. The underlying issuer manages Spain’s electricity transmission network and also has activities abroad, with operations organized across domestic electricity infrastructure, international electricity infrastructure, and telecommunications. Its core business includes electricity transmission and system operation, supported by network management and related infrastructure services.

Redeia’s transmission network spans about 46,074 kilometers and includes 99,071 MVA of transformation capacity. Beyond grid operations, the group provides advisory, engineering, construction, maintenance, financing, reinsurance, telecommunications, and satellite-related services. It also works on energy storage facilities and the water cycle, and has additional businesses linked to satellite communications, safety devices, and the sale and lease of satellites and space capacity. The company was incorporated in 1985 and is based in Alcobendas, Spain.

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